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Commonwealth Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Commonwealth Bank Mumbai Mumbai Maharashtra

Bank Commonwealth Bank of Australia
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mumbai
Contact +91 22 6139 0100
Bank Details Commonwealth Bank of Australia Mumbai CTBA0000001
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400021
Country IN
Address Level 2, hoechst house, nariman point, mumbai 400 021
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 Commonwealth Bank 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.

A total of 1 branches of Commonwealth Bank of Australia are available with micr code -


How to find MICR codes for Commonwealth Bank in mumbai?

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

CBA Bank MICR code in mumbai

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