Maharashtra Gramin Bank Jalgaon Amalner Maharashtra MICR CODE

Find MICR Codes for Maharashtra Gramin Bank Jalgaon Amalner Maharashtra

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MICR Code
Bank Maharashtra Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Amalner
Contact
Bank Details Maharashtra Gramin Bank Amalner MAHG0005517
Location Jalgaon, Amalner
City Jalgaon
District Amalner
State Maharashtra
Pincode
Country IN
Address Shivaji road new plot near dadawadi amalner tq amalner
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 Amalner 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 Maha Gramin Bank, Amalner branch makes the system almost error free and faster. Use of Maha Gramin Bank MICR codes for Amalner branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Maharashtra Gramin Bank are available with micr code -

>>Amalner

MICR code for Maharashtra Gramin Bank Amalner

Maharashtra Gramin Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Maha Gramin Bank MICR code for Amalner 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 Maharashtra Gramin Bank for Amalner branch. MICR code for Amalner 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 Maha Gramin Bank Amalner is presented in the table alongside.

Use of Maha Gramin Bank MICR code for Amalner branch in jalgaon

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

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