Maharashtra Gramin Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for Maharashtra Gramin Bank Thane Thane Maharashtra

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MICR Code	422570308
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	Regional Office Thane
Contact	25344059
Bank Details	Maharashtra Gramin Bank Regional Office Thane MAHG0005600

Location	Thane, Thane
City	Thane
District	Thane
State	Maharashtra
Pincode	400607
Country	IN
Address	Regional office thane 3rd floor mtnl charai bhavan infront of ganesh talkies mauli mandal charai tq dist thane

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 422570308 for Regional Office Thane 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 422570308 of Maha Gramin Bank, Regional Office Thane branch makes the system almost error free and faster. Use of Maha Gramin Bank MICR codes for Regional Office Thane 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 -

>>Regional Office Thane

MICR code for Maharashtra Gramin Bank Regional Office Thane

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 Regional Office Thane 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. 422570308 is the MICR code of Maharashtra Gramin Bank for Regional Office Thane branch. MICR code for Regional Office Thane 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 Regional Office Thane is presented in the table alongside.

Use of Maha Gramin Bank MICR code for Regional Office Thane branch in thane

The MICR code 422570308 is used in RBI cheque clearing process to identify the branch Regional Office Thane 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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