Bharat Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Bharat Bank Mumbai Greater Bombay Maharashtra

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MICR Code
Bank Bharat Co-Op Bank (Mumbai) Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bandra West
Contact 26417602
Bank Details Bharat Co-Op Bank (Mumbai) Ltd Bandra West BCBM0000070
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400050
Country IN
Address Ground floor,shop no.1,plot no.368,hotel siddharth bldg, shri sai guru aashish bldg,next to bandra lake, swami vivekanand road, bandra west mumbai 400050
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 400112050 for Bandra West 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 400112050 of Bharat Coop Bank, Bandra West branch makes the system almost error free and faster. Use of Bharat Coop Bank MICR codes for Bandra West branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bharat Bank Bandra West

Bharat Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bharat Coop Bank MICR code for Bandra West 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. 400112050 is the MICR code of Bharat Cooperative Bank for Bandra West branch. MICR code for Bandra West 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 Bharat Coop Bank Bandra West is presented in the table alongside.

Use of Bharat Coop Bank MICR code for Bandra West branch in mumbai

The MICR code 400112050 is used in RBI cheque clearing process to identify the branch Bandra West and Bharat Coop 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 Bharat Cooperative Bank is typically in either of these two font’s: E-138 and CMC-7.

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