Fedral Bank Mumbai Navi Mumbai Maharashtra MICR CODE

Find MICR Codes for Fedral Bank Mumbai Navi Mumbai Maharashtra

↻ Reload
MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ccsc Mumbai
Contact
Bank Details Federal Bank Ltd Ccsc Mumbai FDRL0009989
Location Mumbai, Navi Mumbai
City Mumbai
District Navi Mumbai
State Maharashtra
Pincode
Country IN
Address 9th floor, plot no 19 20, satara plaza, sector 19 d, palm beach road, vashi navi mumbai maharashtra
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 navi mumbai

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

A total of 1 branches of Federal Bank Ltd are available with micr code -

>>Ccsc Mumbai

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!

Copied!