Mumbai District Bank Greater Bombay Mumbai Maharashtra MICR CODE

Find MICR Codes for Mumbai District Bank Greater Bombay Mumbai 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 Shreeji Bhatia Co Op Bank Ltd Ghatkopar W
Contact
Bank Details Mumbai District Central Co-Op Bank Ltd Shreeji Bhatia Co Op Bank Ltd Ghatkopar W MDCB0680358
Location Greater Bombay, Mumbai
City Greater Bombay
District Mumbai
State Maharashtra
Pincode 400086
Country IN
Address Moti mahal, opp. Cama junction,m g road, ghatkopar w mumbai 400086
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 Shreeji Bhatia Co Op Bank Ltd Ghatkopar 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 0 of Mumbai District Co Op Bank, Shreeji Bhatia Co Op Bank Ltd Ghatkopar W branch makes the system almost error free and faster. Use of Mumbai District Co Op Bank MICR codes for Shreeji Bhatia Co Op Bank Ltd Ghatkopar 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 -

>>Shreeji Bhatia Co Op Bank Ltd Ghatkopar W

MICR code for Mumbai District Bank Shreeji Bhatia Co Op Bank Ltd Ghatkopar 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 Shreeji Bhatia Co Op Bank Ltd Ghatkopar 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. 0 is the MICR code of Mumbai District Central Co Op Bank for Shreeji Bhatia Co Op Bank Ltd Ghatkopar W branch. MICR code for Shreeji Bhatia Co Op Bank Ltd Ghatkopar 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 Shreeji Bhatia Co Op Bank Ltd Ghatkopar W is presented in the table alongside.

Use of Mumbai District Co Op Bank MICR code for Shreeji Bhatia Co Op Bank Ltd Ghatkopar W branch in greater bombay

The MICR code 0 is used in RBI cheque clearing process to identify the branch Shreeji Bhatia Co Op Bank Ltd Ghatkopar 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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