Let Others Know
×
LinkedIn
Email
WhatsApp

Maharashtra State Co Op Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Maharashtra State Co Op Bank Mumbai Mumbai Maharashtra

MICR Code
Bank Maharashtra State Co-Op Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Fort Mumbai
Contact
Bank Details Maharashtra State Co-Op Bank Fort Mumbai MSCI0082002
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400001
Country IN
Address The maharashtra state co op bank ltd., 120 shahid bhagat singh marg, fort, mumbai - 400 001
MICR Code
Bank Maharashtra State Co-Op Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lalbaug
Contact 022-24700013
Bank Details Maharashtra State Co-Op Bank Lalbaug MSCI0082003
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400012
Country IN
Address Ebrahim mansion, 74-76, sanegurji marg, lalbaug, mumbai-400012.
of 10
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.

Search Maharashtra State Co Op Bank MICR Codes in mumbai

You can search through MICR Codes of Maharashtra branches in mumbai of District mumbai in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

How to find MICR codes for Maharashtra State Co Op Bank in mumbai?

Maharashtra State Co Op Bank mumbai MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Maharashtra State Co Operative Bank MICR codes list for mumbai, one can further search by branch name specified in the table. You can find MICR codes for all Maharashtra State Co Op Bank mumbai branches.

Maharashtra State Co Operative Bank MICR code in mumbai

Maharashtra State Co Op Bank MICR code is a character recognition technology used by banks in the processing of cheques. Maharashtra State Co Operative Bank MICR code for mumbai branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Maharashtra State Co Op Bank branches in mumbai, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Maharashtra State Co Op Bank MICR code for mumbai branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Maharashtra State Co Op Bank mumbai branch, sprinted 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. Thus MICR code for Maharashtra State Co Operative Bank mumbai branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Maharashtra State Co Op Bank MICR codes for mumbai branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!