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Bombay Mercantile Bank Varanasi Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for Bombay Mercantile Bank Varanasi Varanasi Uttar Pradesh

MICR Code
Bank Bombay Mercantile Co Op Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Varanasi
Contact 542-2416527
Bank Details Bombay Mercantile Co Op Bank Limited Varanasi BMCB0000050
Location Varanasi, Varanasi
City Varanasi
District Varanasi
State Uttar Pradesh
Pincode
Country IN
Address D - 50 by129 - 130 nai sarak,varanasi
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 Bombay Mercantile Bank MICR Codes in varanasi

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

Bombay Mercantile Co Op Bank Limited branches with micr codes are available in 1 cities-

>>Varanasi

How to find MICR codes for Bombay Mercantile Bank in varanasi?

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

Bombay Mercantile Co Op Bank Limited MICR code in varanasi

Bombay Mercantile Bank MICR code is a character recognition technology used by banks in the processing of cheques. Bombay Mercantile Co Op Bank Limited MICR code for varanasi 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 Bombay Mercantile Bank branches in varanasi, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Bombay Mercantile Bank MICR code for varanasi 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 Bombay Mercantile Bank varanasi 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 Bombay Mercantile Co Op Bank Limited varanasi branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Bombay Mercantile Bank MICR codes for varanasi branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!