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Bombay Mercantile Bank Kolkata Kolkata West Bengal MICR CODE

Find MICR Codes for Bombay Mercantile Bank Kolkata Kolkata West Bengal

MICR Code
Bank Bombay Mercantile Co Op Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kolkatta
Contact 33-22805175
Bank Details Bombay Mercantile Co Op Bank Limited Kolkatta BMCB0000053
Location Kolkata, Kolkata
City Kolkata
District Kolkata
State West Bengal
Pincode
Country IN
Address 1 - b circus row, park circus,kolkata
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 0 for Kolkatta 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 0 of Bombay Mercantile Co Op Bank Limited, Kolkatta branch makes the system almost error free and faster. Use of Bombay Mercantile Co Op Bank Limited MICR codes for Kolkatta branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bombay Mercantile Co Op Bank Limited are available with micr code -

>>Kolkatta

MICR code for Bombay Mercantile Bank Kolkatta

Bombay Mercantile Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bombay Mercantile Co Op Bank Limited MICR code for Kolkatta 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. 0 is the MICR code of Bombay Mercantile Bank for Kolkatta branch. MICR code for Kolkatta 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 Bombay Mercantile Co Op Bank Limited Kolkatta is presented in the table alongside.

Use of Bombay Mercantile Co Op Bank Limited MICR code for Kolkatta branch in kolkata

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kolkatta and Bombay Mercantile Co Op Bank Limited 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 Bombay Mercantile Bank is typically in either of these two font’s: E-138 and CMC-7.