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NBAD Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for NBAD Mumbai Mumbai Maharashtra

MICR Code
Bank National Bank of Abu Dhabi
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mumbai Branch
Contact 2233311111
Bank Details National Bank of Abu Dhabi Mumbai Branch NBAD0000001
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400051
Country IN
Address National bank of abu dhabi,unit nos.1101 and 1201,platina building c-59,g block,bandra kurla complex,bandra east mumbai 400051
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 Mumbai Branch 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 National Bank Of Abu Dhabi, Mumbai Branch branch makes the system almost error free and faster. Use of National Bank Of Abu Dhabi MICR codes for Mumbai Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of National Bank of Abu Dhabi are available with micr code -

>>Mumbai Branch

MICR code for NBAD Mumbai Branch

NBAD MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. National Bank Of Abu Dhabi MICR code for Mumbai Branch 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 National Bank Abu Dhabi for Mumbai Branch branch. MICR code for Mumbai Branch 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 National Bank Of Abu Dhabi Mumbai Branch is presented in the table alongside.

Use of National Bank Of Abu Dhabi MICR code for Mumbai Branch branch in mumbai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mumbai Branch and National Bank Of Abu Dhabi 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 National Bank Abu Dhabi is typically in either of these two font’s: E-138 and CMC-7.