Bank Of Maharashtra Udaipur Udaipur Rajasthan MICR CODE

Find MICR Codes for Bank Of Maharashtra Udaipur Udaipur Rajasthan

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MICR Code	313014003
Bank	Bank Of Maharashtra
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hiran Magri
Contact	9784114342
Bank Details	Bank Of Maharashtra Hiran Magri MAHB0001915

Location	Udaipur, Udaipur
City	Udaipur
District	Udaipur
State	Rajasthan
Pincode	313002
Country	IN
Address	Bank of maharashtra, 195 moti tower, sector-11, hiran magri, udaipur - 313002

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 313014003 for Hiran Magri 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 313014003 of Maharashtra Bank, Hiran Magri branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Hiran Magri 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 -

>>Hiran Magri >>Udaipur

MICR code for Bank Of Maharashtra Hiran Magri

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 Hiran Magri 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. 313014003 is the MICR code of Mahabank for Hiran Magri branch. MICR code for Hiran Magri 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 Hiran Magri is presented in the table alongside.

Use of Maharashtra Bank MICR code for Hiran Magri branch in udaipur

The MICR code 313014003 is used in RBI cheque clearing process to identify the branch Hiran Magri 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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