Bank Of Maharashtra Gurugram Gurugram Haryana MICR CODE

Find MICR Codes for Bank Of Maharashtra Gurugram Gurugram Haryana

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MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gurugram Sector Sixty Seven
Contact 91-9875946251
Bank Details Bank Of Maharashtra Gurugram Sector Sixty Seven MAHB0002472
Location Gurugram, Gurugram
City Gurugram
District Gurugram
State Haryana
Pincode 122002
Country IN
Address Unit no 6 & 20, block 1, sector 67, golf course extension, gurugram, haryana-122002
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 Gurugram Sector Sixty Seven 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, Gurugram Sector Sixty Seven branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Gurugram Sector Sixty Seven branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of Maharashtra are available with micr code -

>>Gurugram Sector Sixty Seven >>Housing Finance Branch Gurugram

MICR code for Bank Of Maharashtra Gurugram Sector Sixty Seven

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 Gurugram Sector Sixty Seven 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 Gurugram Sector Sixty Seven branch. MICR code for Gurugram Sector Sixty Seven 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 Gurugram Sector Sixty Seven is presented in the table alongside.

Use of Maharashtra Bank MICR code for Gurugram Sector Sixty Seven branch in gurugram

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gurugram Sector Sixty Seven 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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