Bank Of Maharashtra Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for Bank Of Maharashtra Gurgaon Gurgaon Haryana

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MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gurgaon (Main )
Contact Sh. D.K.Singla0124-2334495 , 2315105bom1189@mahabank.Co.In
Bank Details Bank Of Maharashtra Gurgaon (Main ) MAHB0001189
Location Gurgaon, Gurgaon
City Gurgaon
District Gurgaon
State Haryana
Pincode 122006
Country IN
Address Kirti nagar sector-15 part-1 , jharsa road gurgaon ( haryana )
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 Gurgaon (Main ) 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, Gurgaon (Main ) branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Gurgaon (Main ) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Bank Of Maharashtra are available with micr code -

>>Garauli Gurgaon >>Gurgaon (Main ) >>Gurgaon Sector 40 >>Gurgaon Sector 56 >>Palam Vihar Gurgaon >>Sushant Lok Gurgaon

MICR code for Bank Of Maharashtra Gurgaon (Main )

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 Gurgaon (Main ) 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 Gurgaon (Main ) branch. MICR code for Gurgaon (Main ) 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 Gurgaon (Main ) is presented in the table alongside.

Use of Maharashtra Bank MICR code for Gurgaon (Main ) branch in gurgaon

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gurgaon (Main ) 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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