Bank Of Maharashtra Kalyan Thane Maharashtra MICR CODE

Find MICR Codes for Bank Of Maharashtra Kalyan Thane Maharashtra

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MICR Code	400014088
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	Sc Kalyan
Contact	Dhagamwar D M, Smt Mayekar P S Phone: 0251-2315054 Email: Bom15@mahabank.Co.In
Bank Details	Bank Of Maharashtra Sc Kalyan MAHB0000015

Location	Kalyan, Thane
City	Kalyan
District	Thane
State	Maharashtra
Pincode	421304
Country	IN
Address	Girijashankar mkt bldg,goshala rd,shivaji chowk, kalyan 421304

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 400014088 for Sc Kalyan 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 400014088 of Maharashtra Bank, Sc Kalyan branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Sc Kalyan branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Bank Of Maharashtra are available with micr code -

>>Ambarnath >>Badlapur >>Khadakpada Kalyan >>Parnaka Kalyan >>Sc Kalyan >>Tisgaon >>Titwala

MICR code for Bank Of Maharashtra Sc Kalyan

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 Sc Kalyan 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. 400014088 is the MICR code of Mahabank for Sc Kalyan branch. MICR code for Sc Kalyan 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 Sc Kalyan is presented in the table alongside.

Use of Maharashtra Bank MICR code for Sc Kalyan branch in kalyan

The MICR code 400014088 is used in RBI cheque clearing process to identify the branch Sc Kalyan 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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