Barclays Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Barclays Bank Mumbai Mumbai Maharashtra

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MICR Code
Bank Barclays Bank Plc
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rtgs Ho
Contact 2267196000
Bank Details Barclays Bank Plc Rtgs Ho BARC0INBB01
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400018
Country IN
Address 601/603 ceejay house, 6th flor, shivsagar estate, dr. Annie besant road, worli, 400018, india
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 400658002 for Rtgs Ho 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 400658002 of Barclays Bank India, Rtgs Ho branch makes the system almost error free and faster. Use of Barclays Bank India MICR codes for Rtgs Ho branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Barclays Bank Plc are available with micr code -

>>Barclays Bank >>Mumbai >>Rtgs Ho

MICR code for Barclays Bank Rtgs Ho

Barclays Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Barclays Bank India MICR code for Rtgs Ho 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. 400658002 is the MICR code of Barclays Bank for Rtgs Ho branch. MICR code for Rtgs Ho 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 Barclays Bank India Rtgs Ho is presented in the table alongside.

Use of Barclays Bank India MICR code for Rtgs Ho branch in mumbai

The MICR code 400658002 is used in RBI cheque clearing process to identify the branch Rtgs Ho and Barclays Bank India 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 Barclays Bank is typically in either of these two font’s: E-138 and CMC-7.

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