MICR Code Bank
Find MICR code for Municipal Co Op Bank branches in India for NEFT and RTGS transfer

Municipal Co Op Bank MICR CODE

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  1. The Municipal Co-Operative Bank Ltd. Mumbai »
  2. Maharashtra »
  3. greater bombay »
  4. mumbai »
  5. marine lines

Find MICR Codes for Municipal Co Op Bank

MICR Code: 400110026
Bank: The Municipal Co-Operative Bank Ltd. Mumbai
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Marine Lines
Contact: 022-2208 5315
Bank Details: The Municipal Co-Operative Bank Ltd. Mumbai Marine Lines MUBL0000026
Location: Mumbai, Greater Bombay
City: Mumbai
District: Greater Bombay
State: Maharashtra
Pincode: 400002
Country: IN
Address: 292, shamaldas gandhi marg, princess street, marine lines, mumbai-400 002.

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

A total of 22 branches of The Municipal Co-Operative Bank Ltd. Mumbai are available with micr code

>>Andheri (East) >>Andheri (West) >>Bandra >>Bhandup >>Borivali >>Byculla >>Chembur >>Cst >>Dadar (G North) >>Deonar >>Ghatkopar >>Girgaum >>Head Office Accounts Section >>Head Office Branch >>Kandivali >>Marine Lines >>Mulund >>Nair >>Nanachowk >>Parel (F South) >>Parel (G South) >>Sion

MICR code for Municipal Co Op Bank

Municipal Co Op Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Municipal Bank Mumbai MICR code for 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. is the MICR code of Municipal Co Op Bank Mumbai for branch. MICR code for 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 Municipal Bank Mumbai is presented in the table alongside.

Use of Municipal Bank Mumbai MICR code for branch in mumbai

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