Fedral Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Fedral Bank Mumbai Greater Bombay Maharashtra

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MICR Code	400049002
Bank	Federal Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mumbai Andheri
Contact	Vinaykumar Seth, E Mail:Bbyb@federalbank.Co.In Ph No.: 022-26288115 (Cm)
Bank Details	Federal Bank Ltd Mumbai Andheri FDRL0001176

Location	Mumbai, Greater Bombay
City	Mumbai
District	Greater Bombay
State	Maharashtra
Pincode	400058
Country	IN
Address	P b no. 17387, 8, 9,10, laram centre, s.v.road, andheri (west), mumbai, 400 058, 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.

How does MICR code 400049002 for Mumbai Andheri 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 400049002 of Federal Bank, Mumbai Andheri branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Mumbai Andheri branch, makes the characters readable even if there are other marks and stamps on it.

A total of 24 branches of Federal Bank Ltd are available with micr code -

>>Kandivili >>Mumbai Andheri >>Mumbai Andheri East >>Mumbai Asset Recovery >>Mumbai Bandra (West) >>Mumbai Borivili >>Mumbai Chembur >>Mumbai Corporate Banking >>Mumbai Crawford Market >>Mumbai Dadar >>Mumbai Dadar West >>Mumbai Dombivli >>Mumbai Fort >>Mumbai Funds And Investments >>Mumbai Funds And Investments >>Mumbai Ghatkopar >>Mumbai Ic Colony Borivili >>Mumbai Kalina >>Mumbai Malad West >>Mumbai Sakinaka >>Mumbai Thane >>Mumbai Vashi >>Mumbai Vile Parle >>Thane Louiswadi

MICR code for Fedral Bank Mumbai Andheri

Fedral Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Federal Bank MICR code for Mumbai Andheri 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. 400049002 is the MICR code of Fedral Bank for Mumbai Andheri branch. MICR code for Mumbai Andheri 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 Federal Bank Mumbai Andheri is presented in the table alongside.

Use of Federal Bank MICR code for Mumbai Andheri branch in mumbai

The MICR code 400049002 is used in RBI cheque clearing process to identify the branch Mumbai Andheri and Federal 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 Fedral Bank is typically in either of these two font’s: E-138 and CMC-7.

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