Indian Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Indian Bank Mumbai Mumbai Maharashtra

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MICR Code	-NA-
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Borivili (East)
Contact	022 - 28280081
Bank Details	Indian Bank Borivili (East) IDIB000B101

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	400068
Country	IN
Address	Gurukul universal school ashokvan near dhruv tara building borivali (east) 400068

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 0 for Borivili (East) 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 0 of Indian Bank, Borivili (East) branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Borivili (East) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 63 branches of Indian Bank are available with micr code -

>>Andheri >>Andheri D N Nagar >>Anushakti Nagar >>Bandra >>Bhandup (West) >>Bhavans Campus >>Bhayandar >>Borivali (West) >>Borivili (East) >>Cbd Belapur >>Chembur >>Cms Hub Mumbai >>Corporate Branch Mumbai >>Corporate Branch Mumbai >>Cuffee Parade >>Cumbala Hill >>D K Sandhu Marg >>Dadar >>Dadar East >>Dahisar East >>Dharavi >>Fort >>Fxpc Mumbai >>Ghatkopar >>Goregaon >>Iraniwadi (Kandivali West) >>Juhu Ville Parle Development Scheme >>Kandivali (East) >>Khardanda >>Kings Circle >>L.C.B. Mumbai >>Mahakali Caves Road >>Mahim >>Malad >>Malad East >>Mandvi >>Matunga >>Matunga Bazaar >>Mcb Fort Mumbai >>Mcb Mumbai Fort >>Mcb Worli Mumbai >>Mulund >>Mumbai Fort >>Nariman Point Mumbai >>Navy Nagar Colaba >>Nepean Sea Road >>Nerul >>Oshiwara >>Prabhadevi >>Prarthana Samaj >>Sam Mumbai >>Santa Cruz >>Siddathnagar >>Sion >>Sion >>Sion Circle >>Vasant Garden Mumbai >>Vashi >>Vile Parle >>Vile Parle West >>Wadala >>Wadala >>Worli

MICR code for Indian Bank Borivili (East)

Indian Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Indian Bank MICR code for Borivili (East) 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. 0 is the MICR code of Indian Bank for Borivili (East) branch. MICR code for Borivili (East) 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 Indian Bank Borivili (East) is presented in the table alongside.

Use of Indian Bank MICR code for Borivili (East) branch in mumbai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Borivili (East) and Indian 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 Indian Bank is typically in either of these two font’s: E-138 and CMC-7.

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