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Icbc Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Icbc Mumbai Mumbai Maharashtra

MICR Code
Bank Industrial and Commercial Bank of China Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mumbai
Contact Yatin Khule, 9867180419, 02233155931, yatin.Khule@india.Icbc.Com.Cn
Bank Details Industrial and Commercial Bank of China Ltd. Mumbai ICBK0000001
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400051
Country IN
Address Level 1, east wing, wokhardt tower, c 2 , g block, bandra kurla complex, bandra east, mumbai 400 051
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 Icbc 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 Industrial and Commercial Bank of China Ltd. are available with micr code -

>>Mumbai

How to find MICR codes for Icbc in mumbai?

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

Industrial Bank Of China MICR code in mumbai

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