Bank Of Maharashtra Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Bank Of Maharashtra Nagpur Nagpur Maharashtra

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MICR Code	-NA-
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	Housing Finance Branch Nagpur
Contact	91-7066691063
Bank Details	Bank Of Maharashtra Housing Finance Branch Nagpur MAHB0002425

Location	Nagpur, Nagpur
City	Nagpur
District	Nagpur
State	Maharashtra
Pincode	440012
Country	IN
Address	Mahabank building, abhyankar marg, sitabuldi nagpur-440012

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 Housing Finance Branch Nagpur 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, Housing Finance Branch Nagpur branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Housing Finance Branch Nagpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 31 branches of Bank Of Maharashtra are available with micr code -

>>Asset Recovery Branch >>Ayodhya Nagar Nagpur >>Bhagwan Nagar Nagpur >>Bharat Nagar Nagpur >>Butibori >>Deo Nagar Nagpur >>Dharampeth Nagpur >>Govt. Business Branch Nagpur >>Hanuman Nagar Nagpur >>Hingna I E Nagpur >>Housing Finance Branch Nagpur >>Hudkeshwar >>Itwari Nagpur >>Jaripatka Nagpur >>Karve Nagar Nagpur >>Mahal Nagpur >>Mid Corporate Br. Nagpur >>Mirchi Bazar Nagpur >>Nandanvan Colony Nagpur >>Narendra Nagar Nagpur >>Nmc Nagpur >>Retail Asset Branch Nagpur >>Sadar Bazar Nagpur >>Sahakarnagar Nagpur >>Service Branch Nagpur >>Shankar Nagar Nagpur >>Sitabuldi Nagpur >>Vca Stadium Nagpur >>Vidc Nagpur >>Wardhman Nagar Nagpur >>Yashwantnagar

MICR code for Bank Of Maharashtra Housing Finance Branch Nagpur

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 Housing Finance Branch Nagpur 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 Housing Finance Branch Nagpur branch. MICR code for Housing Finance Branch Nagpur 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 Housing Finance Branch Nagpur is presented in the table alongside.

Use of Maharashtra Bank MICR code for Housing Finance Branch Nagpur branch in nagpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Housing Finance Branch Nagpur 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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