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BII Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for BII Mumbai Mumbai Maharashtra

MICR Code
Bank Bank Internasional Indonesia
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Head Office
Contact Sunil Soneji / Vivek Ramachandran-Tel.Nos.: 67303422 / 67303423;Email Id: Rtgs.Ibbk@bankbii.Com
Bank Details Bank Internasional Indonesia Head Office IBBK0000001
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400013
Country IN
Address One indiabulls centre, tower 2b, 702, 7th floor, elphinstone road (west), mumbai 400 013.
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 400229258 for Head Office 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 400229258 of Bank Internasional Indonesia, Head Office branch makes the system almost error free and faster. Use of Bank Internasional Indonesia MICR codes for Head Office branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Internasional Indonesia are available with micr code -

>>Head Office

MICR code for BII Head Office

BII MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bank Internasional Indonesia MICR code for Head Office 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. 400229258 is the MICR code of BII for Head Office branch. MICR code for Head Office 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 Bank Internasional Indonesia Head Office is presented in the table alongside.

Use of Bank Internasional Indonesia MICR code for Head Office branch in mumbai

The MICR code 400229258 is used in RBI cheque clearing process to identify the branch Head Office and Bank Internasional Indonesia 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 BII is typically in either of these two font’s: E-138 and CMC-7.