Cosmos Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Cosmos Bank Mumbai Greater Bombay Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	400164004
Bank	Cosmos Co-Op Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mulund West
Contact	Mr.Amberkar Jitendra, Manager, 022-25610621
Bank Details	Cosmos Co-Op Bank Ltd Mulund West COSB0000022

Location	Mumbai, Greater Bombay
City	Mumbai
District	Greater Bombay
State	Maharashtra
Pincode	400080
Country	IN
Address	Apoorva co-op hsg.soc., mulund (w), l.b.s marg mumbai 400 080

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 400164004 for Mulund West 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 400164004 of Cosmos Cooperative Bank, Mulund West branch makes the system almost error free and faster. Use of Cosmos Cooperative Bank MICR codes for Mulund West branch, makes the characters readable even if there are other marks and stamps on it.

A total of 21 branches of Cosmos Co-Op Bank Ltd are available with micr code -

>>Andheri >>Bandra >>Borivali East >>Borivali West >>Chembur >>Dadar West >>Dahisar E >>Fort >>Ghatkopar >>Goregaon W >>Kandivali West >>Malad >>Malad (W) >>Mandvi >>Mulund West >>Powai Extension >>Santacruz E >>Thakur Vidyamandir Extn Counter Borivli >>Vashi >>Vile Parle East >>Zaveri Bazar

MICR code for Cosmos Bank Mulund West

Cosmos Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Cosmos Cooperative Bank MICR code for Mulund West 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. 400164004 is the MICR code of Cosmos Bank for Mulund West branch. MICR code for Mulund West 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 Cosmos Cooperative Bank Mulund West is presented in the table alongside.

Use of Cosmos Cooperative Bank MICR code for Mulund West branch in mumbai

The MICR code 400164004 is used in RBI cheque clearing process to identify the branch Mulund West and Cosmos Cooperative Bank 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 Cosmos Bank is typically in either of these two font’s: E-138 and CMC-7.

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