Bank Of Maharashtra Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Bank Of Maharashtra Mumbai Greater Bombay Maharashtra

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MICR Code	400014177
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	Kandivali Link Road
Contact	9819473534
Bank Details	Bank Of Maharashtra Kandivali Link Road MAHB0001887

Location	Mumbai, Greater Bombay
City	Mumbai
District	Greater Bombay
State	Maharashtra
Pincode	400067
Country	IN
Address	Shop b-8/9, b-wing,giriraj heights, vraj bhoomi complex, new link rd, kandivali west, mumbai - 400067

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 400014177 for Kandivali Link Road 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 400014177 of Maharashtra Bank, Kandivali Link Road branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Kandivali Link Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Bank Of Maharashtra are available with micr code -

>>Andheri Seepz >>Ghatkopar (West) >>Kalina Mumbai >>Kandivali East >>Kandivali Link Road >>Neft Routing Branch >>Shg Branch Mumbai

MICR code for Bank Of Maharashtra Kandivali Link Road

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 Kandivali Link Road 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. 400014177 is the MICR code of Mahabank for Kandivali Link Road branch. MICR code for Kandivali Link Road 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 Kandivali Link Road is presented in the table alongside.

Use of Maharashtra Bank MICR code for Kandivali Link Road branch in mumbai

The MICR code 400014177 is used in RBI cheque clearing process to identify the branch Kandivali Link Road 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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