SBI Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for SBI Mumbai Greater Bombay Maharashtra

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MICR Code	400002214
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	M G Road Branch Kandivali (W) Mumbai.
Contact	022-28015056 Fax0 Ip No-6102421
Bank Details	State Bank Of India M G Road Branch Kandivali (W) Mumbai. SBIN0060244

Location	Mumbai, Greater Bombay
City	Mumbai
District	Greater Bombay
State	Maharashtra
Pincode	400067
Country	IN
Address	Rajkiran building,mahatma gandhi road,near swimmimg pool,kandivali west mumbai 400067

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.

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M G Road Branch Kandivali (W) Mumbai. (400002214)

How does MICR code 400002214 for M G Road Branch Kandivali (W) Mumbai. 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 400002214 of State Bank Of India, M G Road Branch Kandivali (W) Mumbai. branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for M G Road Branch Kandivali (W) Mumbai. 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 M G Road Branch Kandivali (W) Mumbai.

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 M G Road Branch Kandivali (W) Mumbai. 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. 400002214 is the MICR code of SBI Bank for M G Road Branch Kandivali (W) Mumbai. branch. MICR code for M G Road Branch Kandivali (W) Mumbai. 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 M G Road Branch Kandivali (W) Mumbai. is presented in the table alongside.

Use of State Bank Of India MICR code for M G Road Branch Kandivali (W) Mumbai. branch in mumbai

The MICR code 400002214 is used in RBI cheque clearing process to identify the branch M G Road Branch Kandivali (W) Mumbai. 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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