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Bombay Mercantile Bank Madhya Pradesh MICR CODE

Find MICR Codes for Bombay Mercantile Bank Madhya Pradesh

MICR Code
Bank Bombay Mercantile Co Op Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhopal
Contact 755-2533068
Bank Details Bombay Mercantile Co Op Bank Limited Bhopal BMCB0000052
Location Bhopal, Bhopal
City Bhopal
District Bhopal
State Madhya Pradesh
Pincode
Country IN
Address 62, rehbar apartment, peer gate chowraha, peer gate, bhopal
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 Madhya Pradesh

You can search through MICR Codes of Bombay Mercantile Bank in Madhya Pradesh State! Reserve Bank of India publishes updated MICR Codes for Bombay Mercantile Co Op Bank Limited from time to time on their website, and we are doing our best in updating information of Bombay Mercantile Bank MICR Codes.

How to find MICR codes for Bombay Mercantile Bank in Madhya Pradesh?

MICR codes for Bombay Mercantile Bank in Madhya Pradesh are given in the table alongside. Address, contact numbers and other details are also provided along with the MICR code. Narrow down your search either by selecting any particular district from the drop down list or by selecting the district from Bombay Mercantile Co Op Bank Limited MICR codes list given on the right side. One can find MICR codes for all Bombay Mercantile Bank branches in Madhya Pradesh here.

Bombay Mercantile Co Op Bank Limited MICR code in Madhya Pradesh

Bombay Mercantile Bank MICR code in Madhya Pradesh state is a standard 9 digit code printed on cheques using a special type of ink. This ink or toner is magnetic and contains iron oxide. Bombay Mercantile Co Op Bank Limited MICR number includes the document type indicator, bank code, cheque number, etc. This code is used to identify bank and account information to which the cheque belongs. The main purpose of Bombay Mercantile Bank MICR code for Madhya Pradesh branches is to make clearance process of cheques faster and without errors.

Why is Bombay Mercantile Co Op Bank Limited MICR code for Madhya Pradesh branches used for clearing of cheques?

The Bombay Mercantile Co Op Bank Limited MICR code for Madhya Pradesh branches allows the cheque information to be read automatically by passing it before an MICR reader. Each character produces a specific pattern which can be easily identified. Bombay Mercantile Bank Madhya Pradesh MICR code uses typically either of these two fonts E-138 and CMC-7. The MICR technology makes the characters legible even if they are obscured by stamps and signatures. This code is used By RBI (Reserve bank Of India) in clearing process to identify the branch and bank. The principal purpose of Bombay Mercantile Bank MICR code for Madhya Pradesh branches is to print accounting and routing information on cheques and other documents in a machine readable format in order to speed up the clearing process.