Bank Of Maharashtra North Twenty Four Parganas North Twenty Four Parganas West Bengal MICR CODE

Find MICR Codes for Bank Of Maharashtra North Twenty Four Parganas North Twenty Four Parganas West Bengal

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MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mid Corporate Branch Kolkata
Contact 91-9073943267
Bank Details Bank Of Maharashtra Mid Corporate Branch Kolkata MAHB0002476
Location North Twenty Four Parganas, North Twenty Four Parganas
City North Twenty Four Parganas
District North Twenty Four Parganas
State West Bengal
Pincode 700064
Country IN
Address Be-84, sector-1, salt lake, dist-north 24 parganas, west bengal-700064
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 Mid Corporate Branch Kolkata 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, Mid Corporate Branch Kolkata branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Mid Corporate Branch Kolkata 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 -

>>Mid Corporate Branch Kolkata

MICR code for Bank Of Maharashtra Mid Corporate Branch Kolkata

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 Mid Corporate Branch Kolkata 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 Mid Corporate Branch Kolkata branch. MICR code for Mid Corporate Branch Kolkata 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 Mid Corporate Branch Kolkata is presented in the table alongside.

Use of Maharashtra Bank MICR code for Mid Corporate Branch Kolkata branch in north twenty four parganas

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mid Corporate Branch Kolkata 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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