Mahesh Sahakari Bank Limited Pune Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Mahesh Sahakari Bank Limited Pune Mumbai Mumbai Maharashtra

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MICR Code
Bank Mahesh Sahakari Bank Limited Pune
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kalbadevi Road Mumbai
Contact 22407515
Bank Details Mahesh Sahakari Bank Limited Pune Kalbadevi Road Mumbai MSBL0000009
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 411002
Country IN
Address 299,kalbadevi road,mumbai 411 002
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 Kalbadevi Road Mumbai 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 Mahesh Sahakari Bank, Kalbadevi Road Mumbai branch makes the system almost error free and faster. Use of Mahesh Sahakari Bank MICR codes for Kalbadevi Road Mumbai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Mahesh Sahakari Bank Limited Pune are available with micr code -

>>Kalbadevi Road Mumbai

MICR code for Mahesh Sahakari Bank Limited Pune Kalbadevi Road Mumbai

Mahesh Sahakari Bank Limited Pune MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Mahesh Sahakari Bank MICR code for Kalbadevi Road Mumbai 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 Mahesh Sahakari Bank Limited Pune for Kalbadevi Road Mumbai branch. MICR code for Kalbadevi Road Mumbai 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 Mahesh Sahakari Bank Kalbadevi Road Mumbai is presented in the table alongside.

Use of Mahesh Sahakari Bank MICR code for Kalbadevi Road Mumbai branch in mumbai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kalbadevi Road Mumbai and Mahesh Sahakari 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 Mahesh Sahakari Bank Limited Pune is typically in either of these two font’s: E-138 and CMC-7.

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