Bank Of Maharashtra Khurda Bhubaneswar Orissa MICR CODE

Find MICR Codes for Bank Of Maharashtra Khurda Bhubaneswar Orissa

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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	Kalpana Square Bhubaneswar
Contact	0
Bank Details	Bank Of Maharashtra Kalpana Square Bhubaneswar MAHB0002047

Location	Khurda, Bhubaneswar
City	Khurda
District	Bhubaneswar
State	Orissa
Pincode	751014
Country	IN
Address	Bjb nagar, kalpana square, bhubaneswar, pin-751014

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

A total of 6 branches of Bank Of Maharashtra are available with micr code -

>>Bapuji Nagar >>Kalinga Nagar Bhubaneswar >>Kalpana Square Bhubaneswar >>Laxmisagar Bhubaneswar >>Phulnakhara >>Soubhagya Nagar

MICR code for Bank Of Maharashtra Kalpana Square Bhubaneswar

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 Kalpana Square Bhubaneswar 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 Kalpana Square Bhubaneswar branch. MICR code for Kalpana Square Bhubaneswar 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 Kalpana Square Bhubaneswar is presented in the table alongside.

Use of Maharashtra Bank MICR code for Kalpana Square Bhubaneswar branch in khurda

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kalpana Square Bhubaneswar 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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