SBI Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for SBI Mumbai Greater Bombay Maharashtra

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MICR Code	400002021
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	Dadar Millenium
Contact	Ip 102502 Ph 022-24150652
Bank Details	State Bank Of India Dadar Millenium SBIN0000353

Location	Mumbai, Greater Bombay
City	Mumbai
District	Greater Bombay
State	Maharashtra
Pincode	400014
Country	IN
Address	Sharifa,swami dyanjivan, das peth, near dadar post, distt. Greater bombay 400 014

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 400002021 for Dadar Millenium 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 400002021 of State Bank Of India, Dadar Millenium branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Dadar Millenium branch, makes the characters readable even if there are other marks and stamps on it.

A total of 211 branches of State Bank Of India are available with micr code -

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MICR code for SBI Dadar Millenium

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 Dadar Millenium 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. 400002021 is the MICR code of SBI Bank for Dadar Millenium branch. MICR code for Dadar Millenium 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 Dadar Millenium is presented in the table alongside.

Use of State Bank Of India MICR code for Dadar Millenium branch in mumbai

The MICR code 400002021 is used in RBI cheque clearing process to identify the branch Dadar Millenium 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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