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Sahebrao Deshmukh Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Sahebrao Deshmukh Bank Mumbai Mumbai Maharashtra

MICR Code
Bank The Sahebrao Deshmukh Co-op Bank Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Charni Road
Contact 23883843;23823984
Bank Details The Sahebrao Deshmukh Co-op Bank Ltd. Charni Road SAHE0000002
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400004
Country IN
Address 25,sonarika apt, nanubhai desai road, mumbai-400004.
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 400349002 for Charni Road 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 400349002 of SDC Bank, Charni Road branch makes the system almost error free and faster. Use of SDC Bank MICR codes for Charni Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of The Sahebrao Deshmukh Co-op Bank Ltd. are available with micr code -

>>Andheri (E) >>Andheri East >>Andheri East >>Bandra East >>Charni Road >>Ghatkopar (W) >>Jogeshwari East >>Kamothe >>Lower Parel >>Malad East >>Mira Road East >>Neru West >>Santacruz East >>Thane West >>Vashi

MICR code for Sahebrao Deshmukh Bank Charni Road

Sahebrao Deshmukh Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. SDC Bank MICR code for Charni Road 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. 400349002 is the MICR code of Sahebrao Deshmukh Co-Op Bank for Charni Road branch. MICR code for Charni Road 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 SDC Bank Charni Road is presented in the table alongside.

Use of SDC Bank MICR code for Charni Road branch in mumbai

The MICR code 400349002 is used in RBI cheque clearing process to identify the branch Charni Road and SDC Bank 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 Sahebrao Deshmukh Co-Op Bank is typically in either of these two font’s: E-138 and CMC-7.