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Mashreq Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Mashreq Bank Mumbai Mumbai Maharashtra

Bank Mashreq Bank Psc
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mumbai Branch
Contact 022 66327200
Bank Details Mashreq Bank Psc Mumbai Branch MSHQ0000001
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400021
Country IN
Address 1305, raheja centre,nariman pt, 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.

Search Mashreq 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 Mashreq Bank Psc are available with micr code -

>>Mumbai Branch

How to find MICR codes for Mashreq Bank in mumbai?

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

Mashreq Bank India MICR code in mumbai

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