Nova Scotia Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Nova Scotia Bank Mumbai Greater Bombay Maharashtra

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MICR Code	400239002
Bank	Bank Of Nova Scotia
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nariman Point
Contact	022-66364266
Bank Details	Bank Of Nova Scotia Nariman Point NOSC0000MUM

Location	Mumbai, Greater Bombay
City	Mumbai
District	Greater Bombay
State	Maharashtra
Pincode	400021
Country	IN
Address	B' wing mittal tower , gr floor, nariman point , mumbai - 21

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 400239002 for Nariman Point 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 400239002 of Bank Of Nova Scotia, Nariman Point branch makes the system almost error free and faster. Use of Bank Of Nova Scotia MICR codes for Nariman Point branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of Nova Scotia are available with micr code -

>>Nariman Point

MICR code for Nova Scotia Bank Nariman Point

Nova Scotia Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bank Of Nova Scotia MICR code for Nariman Point 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. 400239002 is the MICR code of Nova Scotia Bank for Nariman Point branch. MICR code for Nariman Point 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 Bank Of Nova Scotia Nariman Point is presented in the table alongside.

Use of Bank Of Nova Scotia MICR code for Nariman Point branch in mumbai

The MICR code 400239002 is used in RBI cheque clearing process to identify the branch Nariman Point and Bank Of Nova Scotia 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 Nova Scotia Bank is typically in either of these two font’s: E-138 and CMC-7.

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