Mumbai District Bank Dombivali Thane Maharashtra MICR CODE

Find MICR Codes for Mumbai District Bank Dombivali Thane Maharashtra

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MICR Code
Bank Mumbai District Central Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch R S Coop Bank Dombivali W
Contact 2512499014
Bank Details Mumbai District Central Co-Op Bank Ltd R S Coop Bank Dombivali W MDCB0680380
Location Dombivali, Thane
City Dombivali
District Thane
State Maharashtra
Pincode 421201
Country IN
Address Shop 4,shree dattadham bldg, m g chowk,dombivali w,thane 421201
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 400068380 for R S Coop Bank Dombivali W 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 400068380 of Mumbai District Co Op Bank, R S Coop Bank Dombivali W branch makes the system almost error free and faster. Use of Mumbai District Co Op Bank MICR codes for R S Coop Bank Dombivali W branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Mumbai District Central Co-Op Bank Ltd are available with micr code -

>>R S Coop Bank Dombivali W

MICR code for Mumbai District Bank R S Coop Bank Dombivali W

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 R S Coop Bank Dombivali W 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. 400068380 is the MICR code of Mumbai District Central Co Op Bank for R S Coop Bank Dombivali W branch. MICR code for R S Coop Bank Dombivali W 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 R S Coop Bank Dombivali W is presented in the table alongside.

Use of Mumbai District Co Op Bank MICR code for R S Coop Bank Dombivali W branch in dombivali

The MICR code 400068380 is used in RBI cheque clearing process to identify the branch R S Coop Bank Dombivali W 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.

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