Greater Bombay Bank Mira Bhayander Thane Maharashtra MICR CODE

Find MICR Codes for Greater Bombay Bank Mira Bhayander Thane Maharashtra

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MICR Code
Bank Greater Bombay Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mira Road Branch
Contact Mr. Manikchand Kadam Ph No 28555970/71/9821038150
Bank Details Greater Bombay Co-Op Bank Ltd Mira Road Branch GBCB0000023
Location Mira Bhayander, Thane
City Mira Bhayander
District Thane
State Maharashtra
Pincode 401107
Country IN
Address Shop no 1 & 2, ground flr, nirmal nagar chsl, saibaba nagar, mira bhayandar road, mira road (east), thane - 401107
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 400095023 for Mira Road Branch 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 400095023 of Greater Co Op Bank, Mira Road Branch branch makes the system almost error free and faster. Use of Greater Co Op Bank MICR codes for Mira Road Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Greater Bombay Co-Op Bank Ltd are available with micr code -

>>Mira Road Branch

MICR code for Greater Bombay Bank Mira Road Branch

Greater Bombay Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Greater Co Op Bank MICR code for Mira Road Branch 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. 400095023 is the MICR code of Greater Bombay Bank for Mira Road Branch branch. MICR code for Mira Road Branch 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 Greater Co Op Bank Mira Road Branch is presented in the table alongside.

Use of Greater Co Op Bank MICR code for Mira Road Branch branch in mira bhayander

The MICR code 400095023 is used in RBI cheque clearing process to identify the branch Mira Road Branch and Greater Co Op 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 Greater Bombay Bank is typically in either of these two font’s: E-138 and CMC-7.

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