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Locate Bank Branches for Bank Internasional Indonesia Mumbai Maharashtra

Bank Name: Bank Internasional Indonesia
Branch: Head Office
Business Hours: Monday to Saturday 10 am to 4 pm
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
MICR Code: 400229258
IFSC Code: IBBK0000001
Bank Details: Bank Internasional Indonesia Head Office IBBK0000001
Location: Mumbai, Mumbai
City: Mumbai
District: Mumbai
State: Maharashtra
Pin Code: 400013
Country: India
Address: One indiabulls centre, tower 2b, 702, 7th floor, elphinstone road (west), mumbai 400 013.

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.

In manual clearing of cheques, many errors may occur and therefore the whole process is sort of time consuming. The MICR technology accelerates the processing of cheque because it reduces manual efforts of sorting. Thus the 825240102 of Bank Internasional Indonesia Ltd, Mumbai branch makes the system almost error free and faster. Use of Bank Internasional Indonesia Ltd MICR codes for Mumbai branch, makes the characters readable whether or not there are other marks and stamps thereon.

Bank Internasional Indonesia MICR (Magnetic Ink Character Recognition) code may be a code code used for processing and clearance of cheques. Bank Internasional Indonesia Ltd MICR code for Mumbai may be a 9 digit code, within which first 3 digit represents town code, next 3 digit to bank code and later 3 digit to branch code. 825240102 is that the MICR code of HDFC for Mumbai branch. MICR code for 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 then automatically sorted. MICR code for Bank Internasional Indonesia Ltd Mumbai is presented within the table alongside.

The MICR code 825240102 is employed in RBI cheque clearing process to spot the branch Mumbai and Bank Internasional Indonesia Ltd bank for clearing processes. The MICR characters, which are printed using ink, are passed before a MICR reader. Initially the ink gets magnetized and when it's read, each character produces a novel waveform which might be easily identified. MICR code of HDFC is often in either of those two font’s: E-138 and CMC-7.

In manual clearing of cheques, there's an opportunity of the many errors and a protracted delay is involved. The characters of MICR code for a Bank Internasional Indonesia Mumbai branch, sprinted using ink, are passed before a MICR reader. Initially the ink gets magnetized and when it's read, each character produces a singular waveform which may be easily identified. Thus MICR code for Bank Internasional Indonesia Ltd Mumbai branches accelerates the processing of cheque because it reduces manual effort of sorting. Use of Bank Internasional Indonesia MICR codes for Mumbai branches, makes the characters readable whether or not there are other marks and stamps thereon. This makes the system almost error proof!