Municipal Co Op Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Municipal Co Op Bank Mumbai Greater Bombay Maharashtra

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MICR Code	400110007
Bank	The Municipal Co-Operative Bank Ltd. Mumbai
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Parel (F South)
Contact	022-2418 1474
Bank Details	The Municipal Co-Operative Bank Ltd. Mumbai Parel (F South) MUBL0000007

Location	Mumbai, Greater Bombay
City	Mumbai
District	Greater Bombay
State	Maharashtra
Pincode	400012
Country	IN
Address	F/south ward municipal office building, dr. Babasaheb ambedkar marg,parel, mumbai – 400 012.

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.

The Municipal Co-Operative Bank Ltd. Mumbai »
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Parel (F South) (400110007)

How does MICR code 400110007 for Parel (F South) 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 400110007 of Municipal Bank Mumbai, Parel (F South) branch makes the system almost error free and faster. Use of Municipal Bank Mumbai MICR codes for Parel (F South) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 22 branches of The Municipal Co-Operative Bank Ltd. Mumbai are available with micr code -

>>Andheri (East) >>Andheri (West) >>Bandra >>Bhandup >>Borivali >>Byculla >>Chembur >>Cst >>Dadar (G North) >>Deonar >>Ghatkopar >>Girgaum >>Head Office Accounts Section >>Head Office Branch >>Kandivali >>Marine Lines >>Mulund >>Nair >>Nanachowk >>Parel (F South) >>Parel (G South) >>Sion

MICR code for Municipal Co Op Bank Parel (F South)

Municipal Co Op Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Municipal Bank Mumbai MICR code for Parel (F South) 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. 400110007 is the MICR code of Municipal Co Op Bank Mumbai for Parel (F South) branch. MICR code for Parel (F South) 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 Municipal Bank Mumbai Parel (F South) is presented in the table alongside.

Use of Municipal Bank Mumbai MICR code for Parel (F South) branch in mumbai

The MICR code 400110007 is used in RBI cheque clearing process to identify the branch Parel (F South) and Municipal Bank Mumbai 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 Municipal Co Op Bank Mumbai is typically in either of these two font’s: E-138 and CMC-7.

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