Mehsana Urban Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Mehsana Urban Bank Mumbai Mumbai Maharashtra

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MICR Code
Bank Mehsana Urban Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Borivali East Branch
Contact
Bank Details Mehsana Urban Co-Op Bank Ltd Borivali East Branch MSNU0000054
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400066
Country IN
Address Suryadarshan, 3rd kasturaba road, borvali east, mumbai - 400066
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 Borivali East 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 0 of MUC Bank, Borivali East Branch branch makes the system almost error free and faster. Use of MUC Bank MICR codes for Borivali East Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Mehsana Urban Co-Op Bank Ltd are available with micr code -

>>Borivali East Branch >>Borivali West >>Dahisar East Branch >>Malad East Branch

MICR code for Mehsana Urban Bank Borivali East Branch

Mehsana Urban Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. MUC Bank MICR code for Borivali East 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. 0 is the MICR code of Mehsana Urban Coop Bank for Borivali East Branch branch. MICR code for Borivali East 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 MUC Bank Borivali East Branch is presented in the table alongside.

Use of MUC Bank MICR code for Borivali East Branch branch in mumbai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Borivali East Branch and MUC 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 Mehsana Urban Coop Bank is typically in either of these two font’s: E-138 and CMC-7.

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