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Exim Bank Of India Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Exim Bank Of India Mumbai Mumbai Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Export Import Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Raheja Center
Contact	33941120
Bank Details	Export Import Bank Of India Raheja Center DOHB0000002

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	400021
Country	IN
Address	201,raheja center, free press marg, nariman point,mumbai 400021

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 Raheja Center 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 Export Import Bank Of India, Raheja Center branch makes the system almost error free and faster. Use of Export Import Bank Of India MICR codes for Raheja Center branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Export Import Bank Of India are available with micr code -

>>Raheja Center >>Rtgs Ho >>Service Center

MICR code for Exim Bank Of India Raheja Center

Exim Bank Of India MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Export Import Bank Of India MICR code for Raheja Center 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 Exim Bank Of India for Raheja Center branch. MICR code for Raheja Center 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 Export Import Bank Of India Raheja Center is presented in the table alongside.

Use of Export Import Bank Of India MICR code for Raheja Center branch in mumbai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Raheja Center and Export Import Bank Of India 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 Exim Bank Of India is typically in either of these two font’s: E-138 and CMC-7.