Bank Of Maharashtra Pathankot Gurdaspur Punjab MICR CODE

Find MICR Codes for Bank Of Maharashtra Pathankot Gurdaspur Punjab

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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	Pathankot
Contact	P.K.Chhabra
Bank Details	Bank Of Maharashtra Pathankot MAHB0001316

Location	Pathankot, Gurdaspur
City	Pathankot
District	Gurdaspur
State	Punjab
Pincode	145001
Country	IN
Address	Scf no. 7, block-b improvement trust complex, patel road, pathankot-145001

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

>>Pathankot

MICR code for Bank Of Maharashtra Pathankot

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

Use of Maharashtra Bank MICR code for Pathankot branch in pathankot

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