Bank Of Maharashtra Kawardha Kawardha Chhattisgarh MICR CODE

Find MICR Codes for Bank Of Maharashtra Kawardha Kawardha Chhattisgarh

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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	Kawardha
Contact	7566270365
Bank Details	Bank Of Maharashtra Kawardha MAHB0001795

Location	Kawardha, Kawardha
City	Kawardha
District	Kawardha
State	Chhattisgarh
Pincode	491995
Country	IN
Address	Chabda plaza, opposite to talkies,navin market, kawardha state chhattisgarh pin: 491995

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

>>Kawardha

MICR code for Bank Of Maharashtra Kawardha

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

Use of Maharashtra Bank MICR code for Kawardha branch in kawardha

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