Bank Of Maharashtra Patna Patna Bihar MICR CODE

Find MICR Codes for Bank Of Maharashtra Patna Patna Bihar

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MICR Code	800014004
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	Rajabazar Patna
Contact	Mr.Sudhir Kumar Jha
Bank Details	Bank Of Maharashtra Rajabazar Patna MAHB0001269

Location	Patna, Patna
City	Patna
District	Patna
State	Bihar
Pincode	800014
Country	IN
Address	Kalyan bhawan, first floor, khajpura, bailey road, patna-800014

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 800014004 for Rajabazar Patna 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 800014004 of Maharashtra Bank, Rajabazar Patna branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Rajabazar Patna branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Bank Of Maharashtra are available with micr code -

>>Anisabad >>Ashok Rajpath >>Boring Road >>Digha Patna >>Housing Finance Branch Patna >>Kankarbag >>Patna >>Patna Sahib >>Rajabazar Patna >>Saguna More

MICR code for Bank Of Maharashtra Rajabazar Patna

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 Rajabazar Patna 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. 800014004 is the MICR code of Mahabank for Rajabazar Patna branch. MICR code for Rajabazar Patna 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 Rajabazar Patna is presented in the table alongside.

Use of Maharashtra Bank MICR code for Rajabazar Patna branch in patna

The MICR code 800014004 is used in RBI cheque clearing process to identify the branch Rajabazar Patna 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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