Bank Of Maharashtra Varanasi Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Maharashtra Varanasi Varanasi Uttar Pradesh

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MICR Code	221014002
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	Varanasi Main
Contact	Mr. Samrendra Kumar
Bank Details	Bank Of Maharashtra Varanasi Main MAHB0000472

Location	Varanasi, Varanasi
City	Varanasi
District	Varanasi
State	Uttar Pradesh
Pincode	221001
Country	IN
Address	Ck 59/14-15 bubna bhawan nichi bag varanasi 221 001

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 221014002 for Varanasi Main 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 221014002 of Maharashtra Bank, Varanasi Main branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Varanasi Main branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Bank Of Maharashtra are available with micr code -

>>Housing Finance Branch Varanasi >>Shivpur Varanasi >>Sigra Varanasi >>Varanasi Main

MICR code for Bank Of Maharashtra Varanasi Main

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 Varanasi Main 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. 221014002 is the MICR code of Mahabank for Varanasi Main branch. MICR code for Varanasi Main 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 Varanasi Main is presented in the table alongside.

Use of Maharashtra Bank MICR code for Varanasi Main branch in varanasi

The MICR code 221014002 is used in RBI cheque clearing process to identify the branch Varanasi Main 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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