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 Sane Gurujinagar Mumbai (Mulund East)
Contact
Bank Details State Bank Of Travancore Sane Gurujinagar Mumbai (Mulund East) SBTR0000571
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400081
Country IN
Address (mulund east), "akansha", 90, d.p.road, mulund (east) p.o., mumbai, maharashtra, pin-400081
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 400009005 for Sane Gurujinagar Mumbai (Mulund East) 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 400009005 of Sbt Bank, Sane Gurujinagar Mumbai (Mulund East) branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Sane Gurujinagar Mumbai (Mulund East) branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for State Bank Of Travancore Sane Gurujinagar Mumbai (Mulund East)

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 Sane Gurujinagar Mumbai (Mulund East) 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. 400009005 is the MICR code of Travancore Bank for Sane Gurujinagar Mumbai (Mulund East) branch. MICR code for Sane Gurujinagar Mumbai (Mulund East) 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 Sane Gurujinagar Mumbai (Mulund East) is presented in the table alongside.

Use of Sbt Bank MICR code for Sane Gurujinagar Mumbai (Mulund East) branch in mumbai

The MICR code 400009005 is used in RBI cheque clearing process to identify the branch Sane Gurujinagar Mumbai (Mulund East) 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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