Bank Of Maharashtra Kalamgaonganna Chandrapur Maharashtra MICR CODE

Find MICR Codes for Bank Of Maharashtra Kalamgaonganna Chandrapur Maharashtra

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MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kalamgaonganna
Contact 07178-278953
Bank Details Bank Of Maharashtra Kalamgaonganna MAHB0001090
Location Kalamgaonganna, Chandrapur
City Kalamgaonganna
District Chandrapur
State Maharashtra
Pincode 442401
Country IN
Address At & p.o.-kalamgaonganna dist-chandrapur
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 Kalamgaonganna 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, Kalamgaonganna branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Kalamgaonganna branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of Maharashtra are available with micr code -

>>Kalamgaonganna

MICR code for Bank Of Maharashtra Kalamgaonganna

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 Kalamgaonganna 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 Kalamgaonganna branch. MICR code for Kalamgaonganna 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 Kalamgaonganna is presented in the table alongside.

Use of Maharashtra Bank MICR code for Kalamgaonganna branch in kalamgaonganna

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kalamgaonganna 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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