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State Bank Of Mauritius Thane Mumbai Maharashtra MICR CODE

Find MICR Codes for State Bank Of Mauritius Thane Mumbai Maharashtra

MICR Code
Bank State Bank Of Mauritius Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Corporate Office
Contact 0
Bank Details State Bank Of Mauritius Ltd Corporate Office STCB0000002
Location Thane, Mumbai
City Thane
District Mumbai
State Maharashtra
Pincode 400059
Country IN
Address Sbm bank ( india ) ltd,sbm bank,4th floor,fleet house,smartwork bldg,near marol,andheri ( east )mumbai - 400059
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 Corporate Office 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 Mauritius State Bank, Corporate Office branch makes the system almost error free and faster. Use of Mauritius State Bank MICR codes for Corporate Office branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of Mauritius Ltd are available with micr code -

>>Corporate Office

MICR code for State Bank Of Mauritius Corporate Office

State Bank Of Mauritius MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Mauritius State Bank MICR code for Corporate Office 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 State Bank Of Mauritius for Corporate Office branch. MICR code for Corporate Office 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 Mauritius State Bank Corporate Office is presented in the table alongside.

Use of Mauritius State Bank MICR code for Corporate Office branch in thane

The MICR code 0 is used in RBI cheque clearing process to identify the branch Corporate Office and Mauritius State 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 State Bank Of Mauritius is typically in either of these two font’s: E-138 and CMC-7.