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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.

How does MICR code 400229256 for Mumbai 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 400229256 of Industrial Bank Of China, Mumbai branch makes the system almost error free and faster. Use of Industrial Bank Of China MICR codes for Mumbai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Industrial and Commercial Bank of China Ltd. are available with micr code -

>>Mumbai

MICR code for Icbc Mumbai

Icbc MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Industrial Bank Of China MICR code for Mumbai 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. 400229256 is the MICR code of Commercial Bank Of China for Mumbai branch. MICR code for Mumbai 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 Industrial Bank Of China Mumbai is presented in the table alongside.

Use of Industrial Bank Of China MICR code for Mumbai branch in mumbai

The MICR code 400229256 is used in RBI cheque clearing process to identify the branch Mumbai and Industrial Bank Of China 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 Commercial Bank Of China is typically in either of these two font’s: E-138 and CMC-7.