State Bank Of Mauritius Maharashtra Mumbai Maharashtra MICR CODE

Find MICR Codes for State Bank Of Mauritius Maharashtra Mumbai Maharashtra

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MICR Code
Bank State Bank Of Mauritius Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Narimanpointmumbai
Contact 22-43028826
Bank Details State Bank Of Mauritius Ltd Narimanpointmumbai STCB0000001
Location Maharashtra, Mumbai
City Maharashtra
District Mumbai
State Maharashtra
Pincode 400021
Country IN
Address 101,raheja centre 1st floor,free press journal road,narimanpoint mumbai 400021
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 0 for Narimanpointmumbai 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 0 of Mauritius State Bank, Narimanpointmumbai branch makes the system almost error free and faster. Use of Mauritius State Bank MICR codes for Narimanpointmumbai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of Mauritius Ltd are available with micr code -

>>Narimanpointmumbai

MICR code for State Bank Of Mauritius Narimanpointmumbai

State Bank Of Mauritius MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Mauritius State Bank MICR code for Narimanpointmumbai 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. 0 is the MICR code of State Bank Of Mauritius for Narimanpointmumbai branch. MICR code for Narimanpointmumbai 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 Mauritius State Bank Narimanpointmumbai is presented in the table alongside.

Use of Mauritius State Bank MICR code for Narimanpointmumbai branch in maharashtra

The MICR code 0 is used in RBI cheque clearing process to identify the branch Narimanpointmumbai and Mauritius State 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 Mauritius is typically in either of these two font’s: E-138 and CMC-7.

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