Maharashtra Gramin Bank Latur Shirur Anantpal Maharashtra MICR CODE

Find MICR Codes for Maharashtra Gramin Bank Latur Shirur Anantpal Maharashtra

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MICR Code
Bank Maharashtra Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shirur Anantpal
Contact 250500
Bank Details Maharashtra Gramin Bank Shirur Anantpal MAHG0004341
Location Latur, Shirur Anantpal
City Latur
District Shirur Anantpal
State Maharashtra
Pincode 413544
Country IN
Address At shirur anantpal tq shirur anantpa dist latur
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 413570631 for Shirur Anantpal 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 413570631 of Maha Gramin Bank, Shirur Anantpal branch makes the system almost error free and faster. Use of Maha Gramin Bank MICR codes for Shirur Anantpal 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 -

>>Shirur Anantpal

MICR code for Maharashtra Gramin Bank Shirur Anantpal

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 Shirur Anantpal 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. 413570631 is the MICR code of Maharashtra Gramin Bank for Shirur Anantpal branch. MICR code for Shirur Anantpal 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 Shirur Anantpal is presented in the table alongside.

Use of Maha Gramin Bank MICR code for Shirur Anantpal branch in latur

The MICR code 413570631 is used in RBI cheque clearing process to identify the branch Shirur Anantpal 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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