State Bank Of Travancore Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for State Bank Of Travancore Mumbai Greater Bombay Maharashtra

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MICR Code
Bank State Bank Of Travancore
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mulund West Mumbai
Contact
Bank Details State Bank Of Travancore Mulund West Mumbai SBTR0000533
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400080
Country IN
Address P.b.no.7798, balarajeswar apartment, balarajeswar road, mulund west p.o., mumbai, maharashtra, pin-400080
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 400009004 for Mulund West 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 400009004 of Sbt Bank, Mulund West Mumbai branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Mulund West Mumbai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for State Bank Of Travancore Mulund West Mumbai

State Bank Of Travancore MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Sbt Bank MICR code for Mulund West 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. 400009004 is the MICR code of Travancore Bank for Mulund West Mumbai branch. MICR code for Mulund West 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 Sbt Bank Mulund West Mumbai is presented in the table alongside.

Use of Sbt Bank MICR code for Mulund West Mumbai branch in mumbai

The MICR code 400009004 is used in RBI cheque clearing process to identify the branch Mulund West Mumbai and Sbt 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 Travancore Bank is typically in either of these two font’s: E-138 and CMC-7.

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