Maharashtra State Co Op Bank Wardha Wardha Maharashtra MICR CODE

Find MICR Codes for Maharashtra State Co Op Bank Wardha Wardha Maharashtra

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MICR Code	-NA-
Bank	Maharashtra State Co-Op Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Wardha
Contact
Bank Details	Maharashtra State Co-Op Bank Wardha MSCI0082066

Location	Wardha, Wardha
City	Wardha
District	Wardha
State	Maharashtra
Pincode	442001
Country	IN
Address	Shivmalhar building gandhi nagar arvi naka wardha -442001

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 Wardha 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 Maharashtra State Co Operative Bank, Wardha branch makes the system almost error free and faster. Use of Maharashtra State Co Operative Bank MICR codes for Wardha branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Maharashtra State Co-Op Bank are available with micr code -

>>The Wardha District Central Cooperative Bank Ltd Head Office Wardha >>Wardha

MICR code for Maharashtra State Co Op Bank Wardha

Maharashtra State Co Op Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Maharashtra State Co Operative Bank MICR code for Wardha 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 State Co Op Bank for Wardha branch. MICR code for Wardha 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 Maharashtra State Co Operative Bank Wardha is presented in the table alongside.

Use of Maharashtra State Co Operative Bank MICR code for Wardha branch in wardha

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

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