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Municipal Co Op Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Municipal Co Op Bank Mumbai Greater Bombay Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	400110005
Bank	The Municipal Co-Operative Bank Ltd. Mumbai
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nanachowk
Contact	022-2386 0759
Bank Details	The Municipal Co-Operative Bank Ltd. Mumbai Nanachowk MUBL0000005

Location	Mumbai, Greater Bombay
City	Mumbai
District	Greater Bombay
State	Maharashtra
Pincode	400007
Country	IN
Address	D/ward municipal building, jobanputra compound,nanachowk, mumbai-400 007.

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.

The Municipal Co-Operative Bank Ltd. Mumbai »
Maharashtra »
Greater Bombay »
Mumbai »
Nanachowk (400110005)

How does MICR code 400110005 for Nanachowk 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 400110005 of Municipal Bank Mumbai, Nanachowk branch makes the system almost error free and faster. Use of Municipal Bank Mumbai MICR codes for Nanachowk 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 Nanachowk

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 Nanachowk 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. 400110005 is the MICR code of Municipal Co Op Bank Mumbai for Nanachowk branch. MICR code for Nanachowk 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 Nanachowk is presented in the table alongside.

Use of Municipal Bank Mumbai MICR code for Nanachowk branch in mumbai

The MICR code 400110005 is used in RBI cheque clearing process to identify the branch Nanachowk 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.