Maharashtra Gramin Bank Nasik Nasik Maharashtra MICR CODE

Find MICR Codes for Maharashtra Gramin Bank Nasik Nasik Maharashtra

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MICR Code	-NA-
Bank	Maharashtra Gramin Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nasik Regional Office
Contact	0
Bank Details	Maharashtra Gramin Bank Nasik Regional Office MAHG0005700

Location	Nasik, Nasik
City	Nasik
District	Nasik
State	Maharashtra
Pincode	422009
Country	IN
Address	Maharashtra gramin bank regional office gaikwad corner first floor suchita nagar near indira nagar joging track mumbai agra highway nasik 422009

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 Nasik Regional Office 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, Nasik Regional Office branch makes the system almost error free and faster. Use of Maha Gramin Bank MICR codes for Nasik Regional Office branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Maharashtra Gramin Bank are available with micr code -

>>Chandsi >>Cidco Nasik >>Makhamalabad >>Nasik >>Nasik Regional Office

MICR code for Maharashtra Gramin Bank Nasik Regional Office

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 Nasik Regional Office 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 Nasik Regional Office branch. MICR code for Nasik Regional Office 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 Nasik Regional Office is presented in the table alongside.

Use of Maha Gramin Bank MICR code for Nasik Regional Office branch in nasik

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nasik Regional Office 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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