Bank Of Maharashtra Ranga Randy Hyderabad Telangana MICR CODE

Find MICR Codes for Bank Of Maharashtra Ranga Randy Hyderabad Telangana

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State
District
City
Branch
Address

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	Miyapur
Contact	0
Bank Details	Bank Of Maharashtra Miyapur MAHB0002002

Location	Ranga Randy, Hyderabad
City	Ranga Randy
District	Hyderabad
State	Telangana
Pincode	500049
Country	IN
Address	Upper ground floor. No.2 -60/10. Plot no 5 & 6. Bolaram road. Miyapur, seriligampally mandal, ranga reddy district, telangama-500049

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

>>Miyapur

MICR code for Bank Of Maharashtra Miyapur

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

Use of Maharashtra Bank MICR code for Miyapur branch in ranga randy

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