SBI Greater Bombay Mumbai Maharashtra MICR CODE

Find MICR Codes for SBI Greater Bombay Mumbai Maharashtra

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MICR Code	-NA-
Bank	State Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Borivli
Contact	28943847
Bank Details	State Bank Of India Borivli SBIN0040629

Location	Greater Bombay, Mumbai
City	Greater Bombay
District	Mumbai
State	Maharashtra
Pincode	400068
Country	IN
Address	West park, ground floor ,colony,borivliw 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 0 for Borivli 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 State Bank Of India, Borivli branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Borivli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 50 branches of State Bank Of India are available with micr code -

>>Andheri East >>Andheri East Mumbai >>Andheri West Mumbai >>Andherieast Mumbai >>Bhandup >>Borivali East >>Borivali Mumbai >>Borivili West Mumbai >>Borivli >>Cbd Belapur >>Chembur >>Chembur Mumbai >>Commercial Branch Nariman Point Mumabi >>Corporate Finance Branch Mumbai >>Dalal Street >>Foreign Department >>Forex Treasury >>Ghatkoper Mumbai >>Gokhle Road Dadar >>Goregaon >>Goregaon Mumbai >>Integrated Domestic Treasury >>Kalbadevi Mumbai >>Kandivali >>Khar >>Kharghar >>Lokhandwala Complex >>Mahim >>Malad >>Malad West Mumbai >>Maladwest Mumbai >>Matunga >>Mid Corporate Branch Lower Parel Mumbai >>Mid Corporate Branch Pmroad Mumbai >>Mulund >>Mulund West >>Mulund West Mumbai >>Mulundeast Mumbai >>Mumbai Andheri East >>Mumbai Bandra >>Mumbai Bpcl >>Mumbai Main >>Premier Banking Branch Breach Candy >>Rtgsho Funds Department Mumbai >>Seepz Mumbai >>Service Branch Mumbai >>Treasury >>Vashi >>Wtc Branch >>Zonal Office Mumbai

MICR code for SBI Borivli

SBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. State Bank Of India MICR code for Borivli 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 SBI Bank for Borivli branch. MICR code for Borivli 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 State Bank Of India Borivli is presented in the table alongside.

Use of State Bank Of India MICR code for Borivli branch in greater bombay

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

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