SBI Mumbai Mumbai Maharashtra MICR CODE

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MICR Code	400005008
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	Mittal Court Tower Ii Nariman Point Branch
Contact	022-22825742,22821582
Bank Details	State Bank Of India Mittal Court Tower Ii Nariman Point Branch SBIN0030342

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	400021
Country	IN
Address	B wing ground floor mittal court nariman point

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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Mittal Court Tower Ii Nariman Point Branch (400005008)

How does MICR code 400005008 for Mittal Court Tower Ii Nariman Point 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 400005008 of State Bank Of India, Mittal Court Tower Ii Nariman Point Branch branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Mittal Court Tower Ii Nariman Point Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 112 branches of State Bank Of India are available with micr code -

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MICR code for SBI Mittal Court Tower Ii Nariman Point Branch

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 Mittal Court Tower Ii Nariman Point 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. 400005008 is the MICR code of SBI Bank for Mittal Court Tower Ii Nariman Point Branch branch. MICR code for Mittal Court Tower Ii Nariman Point 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 State Bank Of India Mittal Court Tower Ii Nariman Point Branch is presented in the table alongside.

Use of State Bank Of India MICR code for Mittal Court Tower Ii Nariman Point Branch branch in mumbai

The MICR code 400005008 is used in RBI cheque clearing process to identify the branch Mittal Court Tower Ii Nariman Point Branch 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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