Mumbai District Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Mumbai District Bank Mumbai Greater Bombay Maharashtra

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MICR Code	400068266
Bank	Mumbai District Central Co-Op Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	State Transport Bank Mumbai Central
Contact	2256807650
Bank Details	Mumbai District Central Co-Op Bank Ltd State Transport Bank Mumbai Central MDCB0680266

Location	Mumbai, Greater Bombay
City	Mumbai
District	Greater Bombay
State	Maharashtra
Pincode	400008
Country	IN
Address	Maharashtra vahatuk bhavan,mumbai central,mumbai

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 400068266 for State Transport Bank Mumbai Central 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 400068266 of Mumbai District Co Op Bank, State Transport Bank Mumbai Central branch makes the system almost error free and faster. Use of Mumbai District Co Op Bank MICR codes for State Transport Bank Mumbai Central branch, makes the characters readable even if there are other marks and stamps on it.

A total of 21 branches of Mumbai District Central Co-Op Bank Ltd are available with micr code -

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MICR code for Mumbai District Bank State Transport Bank Mumbai Central

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 State Transport Bank Mumbai Central 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. 400068266 is the MICR code of Mumbai District Central Co Op Bank for State Transport Bank Mumbai Central branch. MICR code for State Transport Bank Mumbai Central 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 State Transport Bank Mumbai Central is presented in the table alongside.

Use of Mumbai District Co Op Bank MICR code for State Transport Bank Mumbai Central branch in mumbai

The MICR code 400068266 is used in RBI cheque clearing process to identify the branch State Transport Bank Mumbai Central 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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