Bank Of Maharashtra Medchal Malkajgiri Ghatkesar Telangana MICR CODE

Find MICR Codes for Bank Of Maharashtra Medchal Malkajgiri Ghatkesar Telangana

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MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ghatkesar
Contact 91-9010762752
Bank Details Bank Of Maharashtra Ghatkesar MAHB0002752
Location Medchal Malkajgiri, Ghatkesar
City Medchal Malkajgiri
District Ghatkesar
State Telangana
Pincode 501301
Country IN
Address H. No. 9-169-12, nsr white house, shivareddy gudda, ghatkesar, dist. - medchal malkajgiri, telangana -501301
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for Ghatkesar branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of Maharashtra Bank, Ghatkesar branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Ghatkesar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of Maharashtra are available with micr code -

>>Ghatkesar

MICR code for Bank Of Maharashtra Ghatkesar

Bank Of Maharashtra MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Maharashtra Bank MICR code for Ghatkesar is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of Mahabank for Ghatkesar branch. MICR code for Ghatkesar branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Maharashtra Bank Ghatkesar is presented in the table alongside.

Use of Maharashtra Bank MICR code for Ghatkesar branch in medchal malkajgiri

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ghatkesar and Maharashtra Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Mahabank is typically in either of these two font’s: E-138 and CMC-7.

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