Catholic Syrian Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Catholic Syrian Bank Mumbai Mumbai Maharashtra

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MICR Code
Bank Catholic Syrian Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bandra
Contact Manager, E-Mail: Bandrawest@csb.Co.In, Telephone: 022 64502161
Bank Details Catholic Syrian Bank Ltd Bandra CSBK0000333
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400050
Country IN
Address Society of divine word, 510, svd house, opp. National college, bandra west.
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 400047015 for Bandra 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 400047015 of CSB Bank, Bandra branch makes the system almost error free and faster. Use of CSB Bank MICR codes for Bandra branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Catholic Syrian Bank Bandra

Catholic Syrian Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. CSB Bank MICR code for Bandra 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. 400047015 is the MICR code of Syrian Bank for Bandra branch. MICR code for Bandra 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 CSB Bank Bandra is presented in the table alongside.

Use of CSB Bank MICR code for Bandra branch in mumbai

The MICR code 400047015 is used in RBI cheque clearing process to identify the branch Bandra and CSB 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 Syrian Bank is typically in either of these two font’s: E-138 and CMC-7.

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