Maharashtra Gramin Bank Osmanabad Tuljapur Maharashtra MICR CODE

Find MICR Codes for Maharashtra Gramin Bank Osmanabad Tuljapur Maharashtra

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MICR Code
Bank Maharashtra Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tuljapur
Contact 242760
Bank Details Maharashtra Gramin Bank Tuljapur MAHG0004415
Location Osmanabad, Tuljapur
City Osmanabad
District Tuljapur
State Maharashtra
Pincode 413601
Country IN
Address At tuljapur tq tuljapur dist osmanabad
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 413570666 for Tuljapur 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 413570666 of Maha Gramin Bank, Tuljapur branch makes the system almost error free and faster. Use of Maha Gramin Bank MICR codes for Tuljapur 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 -

>>Tuljapur

MICR code for Maharashtra Gramin Bank Tuljapur

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 Tuljapur 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. 413570666 is the MICR code of Maharashtra Gramin Bank for Tuljapur branch. MICR code for Tuljapur 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 Tuljapur is presented in the table alongside.

Use of Maha Gramin Bank MICR code for Tuljapur branch in osmanabad

The MICR code 413570666 is used in RBI cheque clearing process to identify the branch Tuljapur 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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