SBER Bank Mumbai Suburban Mumbai Maharashtra MICR CODE

Find MICR Codes for SBER Bank Mumbai Suburban Mumbai Maharashtra

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MICR Code
Bank SBER Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mumbai Branch
Contact 22-40048888
Bank Details SBER Bank Mumbai Branch SABR0000002
Location Mumbai Suburban, Mumbai
City Mumbai Suburban
District Mumbai
State Maharashtra
Pincode
Country IN
Address 81 b, 8th floor, 5th north avenue, maker maxity, bandra kurla complex, bandra east
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 Mumbai Branch 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 SBER, Mumbai Branch branch makes the system almost error free and faster. Use of SBER MICR codes for Mumbai Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of SBER Bank are available with micr code -

>>Mumbai Branch

MICR code for SBER Bank Mumbai Branch

SBER Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. SBER MICR code for Mumbai Branch 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 SBER Bank for Mumbai Branch branch. MICR code for Mumbai Branch 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 SBER Mumbai Branch is presented in the table alongside.

Use of SBER MICR code for Mumbai Branch branch in mumbai suburban

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mumbai Branch and SBER 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 SBER Bank is typically in either of these two font’s: E-138 and CMC-7.

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