Bank Of Maharashtra Semra Janjgir Champa Chhattisgarh MICR CODE

Find MICR Codes for Bank Of Maharashtra Semra Janjgir Champa Chhattisgarh

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MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Semra
Contact 9685227103
Bank Details Bank Of Maharashtra Semra MAHB0001850
Location Semra, Janjgir Champa
City Semra
District Janjgir Champa
State Chhattisgarh
Pincode 498668
Country IN
Address Salkhan chowk, kera road, semra, dist. Janjgir-champa, chhattisgarh 498668
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 Semra 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, Semra branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Semra 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 -

>>Semra

MICR code for Bank Of Maharashtra Semra

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

Use of Maharashtra Bank MICR code for Semra branch in semra

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