Bank Of Maharashtra Vashi Thane Maharashtra MICR CODE

Find MICR Codes for Bank Of Maharashtra Vashi Thane Maharashtra

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MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kopar Khairne
Contact 022-27541813
Bank Details Bank Of Maharashtra Kopar Khairne MAHB0001436
Location Vashi, Thane
City Vashi
District Thane
State Maharashtra
Pincode 400709
Country IN
Address Shop no: 3,4,5& 6, sicily marval apartment, plot no. 51, sector- 12 / b, koparkhairane, navi mumbai - 400 709
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 400014139 for Kopar Khairne 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 400014139 of Maharashtra Bank, Kopar Khairne branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Kopar Khairne 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 -

>>Kopar Khairne

MICR code for Bank Of Maharashtra Kopar Khairne

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 Kopar Khairne 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. 400014139 is the MICR code of Mahabank for Kopar Khairne branch. MICR code for Kopar Khairne 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 Kopar Khairne is presented in the table alongside.

Use of Maharashtra Bank MICR code for Kopar Khairne branch in vashi

The MICR code 400014139 is used in RBI cheque clearing process to identify the branch Kopar Khairne 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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