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Bank Of America Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Bank Of America Mumbai Mumbai Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	400032002
Bank	Bank Of America
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bank Of America Mumbai
Contact	Rajiv Ranjan
Bank Details	Bank Of America Bank Of America Mumbai BOFA0MM6205

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	400021
Country	IN
Address	Express towers, gnd floor, nariman point, p. O. Box 11506 mumbai 21

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 400032002 for Bank Of America Mumbai 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 400032002 of Bank Of America India, Bank Of America Mumbai branch makes the system almost error free and faster. Use of Bank Of America India MICR codes for Bank Of America Mumbai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of America are available with micr code -

>>Bank Of America Mumbai >>Mumbai

MICR code for Bank Of America Bank Of America Mumbai

Bank Of America MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bank Of America India MICR code for Bank Of America Mumbai 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. 400032002 is the MICR code of BOA Bank for Bank Of America Mumbai branch. MICR code for Bank Of America Mumbai 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 Bank Of America India Bank Of America Mumbai is presented in the table alongside.

Use of Bank Of America India MICR code for Bank Of America Mumbai branch in mumbai

The MICR code 400032002 is used in RBI cheque clearing process to identify the branch Bank Of America Mumbai and Bank Of America India 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 BOA Bank is typically in either of these two font’s: E-138 and CMC-7.