Bank Of Maharashtra Hyderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of Maharashtra Hyderabad Hyderabad Urban Andhra Pradesh

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MICR Code	500014004
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	Kachiguda Hyderabad
Contact	K Seshagiri, Punnaiah 24653047-24656549 Bom383@mahabank.Co.In
Bank Details	Bank Of Maharashtra Kachiguda Hyderabad MAHB0000383

Location	Hyderabad, Hyderabad Urban
City	Hyderabad
District	Hyderabad Urban
State	Andhra Pradesh
Pincode	500027
Country	IN
Address	Ver savarkar marg, kachiguda, hyderabad - 500027

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 500014004 for Kachiguda Hyderabad 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 500014004 of Maharashtra Bank, Kachiguda Hyderabad branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Kachiguda Hyderabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Bank Of Maharashtra are available with micr code -

>>Agri Hi Tech Hyderabad >>Basheerbagh Hyderabad >>Champapet Hyderabad >>Ecil Rd Kapra Hyderabad >>Jambagh Hyderabad >>Kachiguda Hyderabad >>Khairatabad Hyderabad >>Kothapet >>Kukatpally Hyderabad >>Safilguda Hyderabad >>Secunderabad Hyderabad >>Service Branch Hyderabad >>Sultan Bazar Hyderabad

MICR code for Bank Of Maharashtra Kachiguda Hyderabad

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 Kachiguda Hyderabad 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. 500014004 is the MICR code of Mahabank for Kachiguda Hyderabad branch. MICR code for Kachiguda Hyderabad 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 Kachiguda Hyderabad is presented in the table alongside.

Use of Maharashtra Bank MICR code for Kachiguda Hyderabad branch in hyderabad

The MICR code 500014004 is used in RBI cheque clearing process to identify the branch Kachiguda Hyderabad 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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