Bank Of Maharashtra Kamptee Nagpur Maharashtra MICR CODE

Find MICR Codes for Bank Of Maharashtra Kamptee Nagpur Maharashtra

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MICR Code	440014018
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	Kamptee
Contact	Mr. Modi Phone: 957109-288352 Email: Bom133@mahabank.Co.In
Bank Details	Bank Of Maharashtra Kamptee MAHB0000133

Location	Kamptee, Nagpur
City	Kamptee
District	Nagpur
State	Maharashtra
Pincode	441001
Country	IN
Address	Gandhi chowk ,kamptee

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 440014018 for Kamptee 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 440014018 of Maharashtra Bank, Kamptee branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Kamptee 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 -

>>Kamptee

MICR code for Bank Of Maharashtra Kamptee

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 Kamptee 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. 440014018 is the MICR code of Mahabank for Kamptee branch. MICR code for Kamptee 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 Kamptee is presented in the table alongside.

Use of Maharashtra Bank MICR code for Kamptee branch in kamptee

The MICR code 440014018 is used in RBI cheque clearing process to identify the branch Kamptee 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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