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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.

Search BII 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.

Bank Internasional Indonesia branches with micr codes are available in 1 cities-

>>Mumbai

How to find MICR codes for BII in mumbai?

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

Bank Internasional Indonesia MICR code in mumbai

BII MICR code is a character recognition technology used by banks in the processing of cheques. Bank Internasional Indonesia 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 BII 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 BII 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 BII 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 Bank Internasional Indonesia mumbai branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of BII 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!