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RBS Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for RBS Bank Mumbai Greater Bombay Maharashtra

MICR Code
Bank Royal Bank Of Scotland
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rtgs Ho
Contact 0
Bank Details Royal Bank Of Scotland Rtgs Ho ABNA0000001
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400013
Country IN
Address 414 empire complex, senapati bapat marg lower parel west mumbai 400013
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 Rtgs Ho 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 Royal Bank Of Scotland, Rtgs Ho branch makes the system almost error free and faster. Use of Royal Bank Of Scotland MICR codes for Rtgs Ho branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Royal Bank Of Scotland are available with micr code -

>>Brady House Mumbai >>Juhu Mumbai >>Rtgs Ho >>Sakhar Bhavan Mumbai

MICR code for RBS Bank Rtgs Ho

RBS Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Royal Bank Of Scotland MICR code for Rtgs Ho 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 Royal Scotland Bank for Rtgs Ho branch. MICR code for Rtgs Ho 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 Royal Bank Of Scotland Rtgs Ho is presented in the table alongside.

Use of Royal Bank Of Scotland MICR code for Rtgs Ho branch in mumbai

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