Bank Of Maharashtra Sakri Bilaspur Chhattisgarh MICR CODE

Find MICR Codes for Bank Of Maharashtra Sakri Bilaspur Chhattisgarh

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MICR Code	495014501
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	Sakri
Contact	9827199755
Bank Details	Bank Of Maharashtra Sakri MAHB0001855

Location	Sakri, Bilaspur
City	Sakri
District	Bilaspur
State	Chhattisgarh
Pincode	495006
Country	IN
Address	Hapa road, sakri teh. Takhatpur dist. Bilaspur state chhattisgarh pin 495006

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 495014501 for Sakri 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 495014501 of Maharashtra Bank, Sakri branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Sakri 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 -

>>Sakri

MICR code for Bank Of Maharashtra Sakri

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 Sakri 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. 495014501 is the MICR code of Mahabank for Sakri branch. MICR code for Sakri 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 Sakri is presented in the table alongside.

Use of Maharashtra Bank MICR code for Sakri branch in sakri

The MICR code 495014501 is used in RBI cheque clearing process to identify the branch Sakri 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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