SBI Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for SBI Mumbai Mumbai Maharashtra

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MICR Code	400005004
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	Sterling Centre Worli Branch
Contact	022-24929633,24934872
Bank Details	State Bank Of India Sterling Centre Worli Branch SBIN0030150

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	400018
Country	IN
Address	Sterling centre, dr. Annie basant road, worli

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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Sterling Centre Worli Branch (400005004)

How does MICR code 400005004 for Sterling Centre Worli 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 400005004 of State Bank Of India, Sterling Centre Worli Branch branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sterling Centre Worli 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 Sterling Centre Worli 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 Sterling Centre Worli 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. 400005004 is the MICR code of SBI Bank for Sterling Centre Worli Branch branch. MICR code for Sterling Centre Worli 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 Sterling Centre Worli Branch is presented in the table alongside.

Use of State Bank Of India MICR code for Sterling Centre Worli Branch branch in mumbai

The MICR code 400005004 is used in RBI cheque clearing process to identify the branch Sterling Centre Worli 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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