Bank Of Maharashtra Nakodar Jalandhar Punjab MICR CODE

Find MICR Codes for Bank Of Maharashtra Nakodar Jalandhar Punjab

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MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nakodar Road Jalandhar
Contact 0181-2232359
Bank Details Bank Of Maharashtra Nakodar Road Jalandhar MAHB0001412
Location Nakodar, Jalandhar
City Nakodar
District Jalandhar
State Punjab
Pincode 144001
Country IN
Address Nakodar road, near lal rattan cinema, jalandhar-144001
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 144014002 for Nakodar Road Jalandhar 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 144014002 of Maharashtra Bank, Nakodar Road Jalandhar branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Nakodar Road Jalandhar 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 -

>>Nakodar Road Jalandhar

MICR code for Bank Of Maharashtra Nakodar Road Jalandhar

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 Nakodar Road Jalandhar 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. 144014002 is the MICR code of Mahabank for Nakodar Road Jalandhar branch. MICR code for Nakodar Road Jalandhar 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 Nakodar Road Jalandhar is presented in the table alongside.

Use of Maharashtra Bank MICR code for Nakodar Road Jalandhar branch in nakodar

The MICR code 144014002 is used in RBI cheque clearing process to identify the branch Nakodar Road Jalandhar 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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