Fino Payment Bank Maharajganj Maharajganj Uttar Pradesh MICR CODE

Find MICR Codes for Fino Payment Bank Maharajganj Maharajganj Uttar Pradesh

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MICR Code
Bank Fino Payment Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Maharajganj
Contact 0-8574780989
Bank Details Fino Payment Bank Maharajganj FINO0001579
Location Maharajganj, Maharajganj
City Maharajganj
District Maharajganj
State Uttar Pradesh
Pincode 273303
Country IN
Address Ward no-22,shashtri nagar tedhva kuti,pharenda road maharajganj,pincode -273303
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 Maharajganj 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 Fino Bank, Maharajganj branch makes the system almost error free and faster. Use of Fino Bank MICR codes for Maharajganj branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Fino Payment Bank are available with micr code -

>>Maharajganj

MICR code for Fino Payment Bank Maharajganj

Fino Payment Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Fino Bank MICR code for Maharajganj 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 Fino for Maharajganj branch. MICR code for Maharajganj 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 Fino Bank Maharajganj is presented in the table alongside.

Use of Fino Bank MICR code for Maharajganj branch in maharajganj

The MICR code 0 is used in RBI cheque clearing process to identify the branch Maharajganj and Fino 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 Fino is typically in either of these two font’s: E-138 and CMC-7.

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