Bombay Mercantile Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Bombay Mercantile Bank Mumbai Mumbai Maharashtra

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State
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MICR Code	-NA-
Bank	Bombay Mercantile Co Op Bank Limited
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Maulana Azad Road
Contact	22-23073155
Bank Details	Bombay Mercantile Co Op Bank Limited Maulana Azad Road BMCB0000010

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode
Country	IN
Address	Patel & soni arcade,maulana azad road, mumbai

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 Maulana Azad Road 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 Bombay Mercantile Co Op Bank Limited, Maulana Azad Road branch makes the system almost error free and faster. Use of Bombay Mercantile Co Op Bank Limited MICR codes for Maulana Azad Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 22 branches of Bombay Mercantile Co Op Bank Limited are available with micr code -

>>Abdul Rehman Street >>Andheri >>Bandra >>Byculla >>Colaba >>Ebrahim Rehmatoola Road >>Fort >>Girgaon >>Head Office Branch >>Jogeshwari >>Kempc Corner >>Khara Tank Road >>Kurla >>Mahim >>Malad >>Maulana Azad Road >>Musafir Khanna >>Nullbazar >>P. Dmello Road >>Rtgsho >>Santacruz >>Versova

MICR code for Bombay Mercantile Bank Maulana Azad Road

Bombay Mercantile Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bombay Mercantile Co Op Bank Limited MICR code for Maulana Azad Road 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 Bombay Mercantile Bank for Maulana Azad Road branch. MICR code for Maulana Azad Road 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 Bombay Mercantile Co Op Bank Limited Maulana Azad Road is presented in the table alongside.

Use of Bombay Mercantile Co Op Bank Limited MICR code for Maulana Azad Road branch in mumbai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Maulana Azad Road and Bombay Mercantile Co Op Bank Limited 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 Bombay Mercantile Bank is typically in either of these two font’s: E-138 and CMC-7.

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