Bank Of Maharashtra Meerut Meerut Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Maharashtra Meerut Meerut Uttar Pradesh

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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	Meerut
Contact	Mr. R K Garg
Bank Details	Bank Of Maharashtra Meerut MAHB0000583

Location	Meerut, Meerut
City	Meerut
District	Meerut
State	Uttar Pradesh
Pincode	250001
Country	IN
Address	910, gurudwara road, thapar nagar, meerut

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

A total of 2 branches of Bank Of Maharashtra are available with micr code -

>>E K Road Meerut >>Meerut

MICR code for Bank Of Maharashtra Meerut

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

Use of Maharashtra Bank MICR code for Meerut branch in meerut

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