Bank Of Maharashtra Katta Pendur Sindhudurg Maharashtra MICR CODE

Find MICR Codes for Bank Of Maharashtra Katta Pendur Sindhudurg Maharashtra

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MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Katta Pendur
Contact 02365-225223
Bank Details Bank Of Maharashtra Katta Pendur MAHB0000355
Location Katta Pendur, Sindhudurg
City Katta Pendur
District Sindhudurg
State Maharashtra
Pincode 416404
Country IN
Address 364 parvati building main road katta pendur teh malavn - 416404
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 Katta Pendur 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, Katta Pendur branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Katta Pendur 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 -

>>Katta Pendur

MICR code for Bank Of Maharashtra Katta Pendur

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 Katta Pendur 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 Katta Pendur branch. MICR code for Katta Pendur 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 Katta Pendur is presented in the table alongside.

Use of Maharashtra Bank MICR code for Katta Pendur branch in katta pendur

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