Catholic Syrian Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Catholic Syrian Bank Mumbai Mumbai Maharashtra

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MICR Code	400047014
Bank	Catholic Syrian Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Borivli
Contact	Manager, E-Mail: Borivliwest@csb.Co.In, Telephone: 022 64502170
Bank Details	Catholic Syrian Bank Ltd Borivli CSBK0000331

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	400103
Country	IN
Address	St.francis iti, mount poinsur, borivili west, mumbai - 400103

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 400047014 for Borivli 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 400047014 of CSB Bank, Borivli branch makes the system almost error free and faster. Use of CSB Bank MICR codes for Borivli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 21 branches of Catholic Syrian Bank Ltd are available with micr code -

>>Andheri East >>Andheri West >>Bandra >>Borivli >>Chembur Mumbai >>Ifb Mumbai >>Integrated Treasury >>Kalyan >>Lcbd Cpc >>Mahim West >>Mulund >>Mulund West(Nahur) >>Mumbai Corporate Office >>Mumbai Fort >>Personal Loan Operations >>Pune >>Rtgs Centre Mumbai >>Service Br. Mumbai >>Thane >>Vashi >>Vile Parle

MICR code for Catholic Syrian Bank Borivli

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 Borivli 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. 400047014 is the MICR code of Syrian Bank for Borivli branch. MICR code for Borivli 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 Borivli is presented in the table alongside.

Use of CSB Bank MICR code for Borivli branch in mumbai

The MICR code 400047014 is used in RBI cheque clearing process to identify the branch Borivli 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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