Bank Of Maharashtra Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Bank Of Maharashtra Bangalore Bangalore Urban Karnataka

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MICR Code	560014015
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	Indira Nagar
Contact	G.V.Acharya
Bank Details	Bank Of Maharashtra Indira Nagar MAHB0001337

Location	Bangalore, Bangalore Urban
City	Bangalore
District	Bangalore Urban
State	Karnataka
Pincode	560071
Country	IN
Address	No.6, ist main, domlur ii stage, indiranagar, bangalore - 560071

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 560014015 for Indira Nagar 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 560014015 of Maharashtra Bank, Indira Nagar branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Indira Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of Bank Of Maharashtra are available with micr code -

>>Agri Hitech Bangalore >>Basavangudi Bangalore >>Brigade Road Bangalore >>Chamraj Peth Bangalore >>City Market Bangalore >>Gandhinagar >>Indira Nagar >>J P Nagar Bangalore >>Jayanagar >>Mallehwaram Bangalore >>Mico Lay Out Bangalore >>Rajeshwarinagar Bangalore >>S S I Bangalore >>Seegehalli >>Service Branch Bangalore >>Shivajinagar Bangalore

MICR code for Bank Of Maharashtra Indira Nagar

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 Indira Nagar 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. 560014015 is the MICR code of Mahabank for Indira Nagar branch. MICR code for Indira Nagar 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 Indira Nagar is presented in the table alongside.

Use of Maharashtra Bank MICR code for Indira Nagar branch in bangalore

The MICR code 560014015 is used in RBI cheque clearing process to identify the branch Indira Nagar 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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