Mumbai District Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Mumbai District Co Op Bank MICR code for Mangal Coop Bank Mira Road 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. 400068401 is the MICR code of Mumbai District Central Co Op Bank for Mangal Coop Bank Mira Road branch. MICR code for Mangal Coop Bank Mira Road 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 Mumbai District Co Op Bank Mangal Coop Bank Mira Road is presented in the table alongside.
The MICR code 400068401 is used in RBI cheque clearing process to identify the branch Mangal Coop Bank Mira Road and Mumbai District 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 Mumbai District Central Co Op Bank is typically in either of these two font’s: E-138 and CMC-7.