Bank Of Maharashtra Jaipur Jaipur Rajasthan MICR CODE

Find MICR Codes for Bank Of Maharashtra Jaipur Jaipur Rajasthan

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MICR Code	302014003
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	Malviya Nagar Jaipur
Contact	Mr. Anil Agarwal
Bank Details	Bank Of Maharashtra Malviya Nagar Jaipur MAHB0001243

Location	Jaipur, Jaipur
City	Jaipur
District	Jaipur
State	Rajasthan
Pincode	302017
Country	IN
Address	A-17 to 20,23 indra palace malviya nagar jaipur-302017 rajasthan

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 302014003 for Malviya Nagar Jaipur 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 302014003 of Maharashtra Bank, Malviya Nagar Jaipur branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Malviya Nagar Jaipur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Bank Of Maharashtra are available with micr code -

>>C Scheme Jaipur >>Chitrakoot >>Gopalpura Byepass >>Housing Finance Branch Jaipur >>Jhothwara >>M.I. Road Jaipur >>Malviya Nagar Jaipur >>Mid Corporate Branch Jaipur >>Pratap Nagar >>Rajapark Jaipur >>Vaishali Nagar Jaipur >>Vidyadhar Nagar Jaipur

MICR code for Bank Of Maharashtra Malviya Nagar Jaipur

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 Malviya Nagar Jaipur 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. 302014003 is the MICR code of Mahabank for Malviya Nagar Jaipur branch. MICR code for Malviya Nagar Jaipur 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 Malviya Nagar Jaipur is presented in the table alongside.

Use of Maharashtra Bank MICR code for Malviya Nagar Jaipur branch in jaipur

The MICR code 302014003 is used in RBI cheque clearing process to identify the branch Malviya Nagar Jaipur 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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