State Bank Of Bikaner And Jaipur Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for State Bank Of Bikaner And Jaipur Mumbai Greater Bombay Maharashtra

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MICR Code
Bank State Bank Of Bikaner And Jaipur
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Commercial Network Branch Mumbai
Contact Branch Manager,022-22625023
Bank Details State Bank Of Bikaner And Jaipur Commercial Network Branch Mumbai SBBJ0010717
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400001
Country IN
Address 239, pd mello road, opp gpo, fort, mumbai - 400001
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 400003015 for Commercial Network Branch 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 400003015 of SBBJ Bank, Commercial Network Branch Mumbai branch makes the system almost error free and faster. Use of SBBJ Bank MICR codes for Commercial Network Branch Mumbai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for State Bank Of Bikaner And Jaipur Commercial Network Branch Mumbai

State Bank Of Bikaner And Jaipur MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. SBBJ Bank MICR code for Commercial Network Branch 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. 400003015 is the MICR code of State Bank Of Bikaner And Jaipur for Commercial Network Branch Mumbai branch. MICR code for Commercial Network Branch 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 SBBJ Bank Commercial Network Branch Mumbai is presented in the table alongside.

Use of SBBJ Bank MICR code for Commercial Network Branch Mumbai branch in mumbai

The MICR code 400003015 is used in RBI cheque clearing process to identify the branch Commercial Network Branch Mumbai and SBBJ Bank 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 State Bank Of Bikaner And Jaipur is typically in either of these two font’s: E-138 and CMC-7.

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