Fedral Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Fedral Bank Mumbai Mumbai Maharashtra

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MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Treasury Fmc
Contact 26566644
Bank Details Federal Bank Ltd Treasury Fmc FDRL0000FMC
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode
Country IN
Address C8, lakshmi towers, bkc mumbai
MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Government Business Department
Contact 61748727
Bank Details Federal Bank Ltd Government Business Department FDRL0000320
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400051
Country IN
Address 2nd floor, c wing, laxmi tower, bandra kurla complex, mumbai 400051
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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.

Search Fedral Bank MICR Codes in mumbai

You can search through MICR Codes of Maharashtra branches in mumbai of District mumbai in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

How to find MICR codes for Fedral Bank in mumbai?

Fedral Bank mumbai MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Federal Bank MICR codes list for mumbai, one can further search by branch name specified in the table. You can find MICR codes for all Fedral Bank mumbai branches.

Federal Bank MICR code in mumbai

Fedral Bank MICR code is a character recognition technology used by banks in the processing of cheques. Federal Bank MICR code for mumbai branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Fedral Bank branches in mumbai, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Fedral Bank MICR code for mumbai branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Fedral Bank mumbai branch, sprinted 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. Thus MICR code for Federal Bank mumbai branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Fedral Bank MICR codes for mumbai branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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