Bank Of Maharashtra Bhilai Durg Chhattisgarh MICR CODE

Find MICR Codes for Bank Of Maharashtra Bhilai Durg Chhattisgarh

Bank	↻ Reload
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	S. Sector Bhilai
Contact	0788-2292153
Bank Details	Bank Of Maharashtra S. Sector Bhilai MAHB0001322

Location	Bhilai, Durg
City	Bhilai
District	Durg
State	Chhattisgarh
Pincode	490020
Country	IN
Address	C/o shri shankaracharya college of engg & technology, junwani bhilai, dist : durg. Pin -490020

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

>>S. Sector Bhilai

MICR code for Bank Of Maharashtra S. Sector Bhilai

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 S. Sector Bhilai 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 S. Sector Bhilai branch. MICR code for S. Sector Bhilai 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 S. Sector Bhilai is presented in the table alongside.

Use of Maharashtra Bank MICR code for S. Sector Bhilai branch in bhilai

The MICR code 0 is used in RBI cheque clearing process to identify the branch S. Sector Bhilai 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.

Copied!