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Greater Bombay Coop Bank state wise list of all branches, IFSC code, MICR code and Addresses within India
About The Greater Bombay Co-operative Bank Ltd
The Greater Bombay Co-operative Bank Limited is popularly known as Greater Bank in the open market amongst its new and old customers. It commenced its journey on 10th December 1952 that is over five decades ago in a successful manner. It was started by a small group of philanthropists. It was founded with the sole motto of perfectly serving the community at large. It initially started its operation with lending and attractive deposit schemes with reasonable interest rates. In 1996, it achieved the status of a scheduled bank from Reserve Bank of India. Its customers belong to low, middle and upper income strata of the society.
The Greater Bombay Co-operative Bank has gained the faith and the trust of the general public with lot of perfection. in co-operative banking sector particularly, this Bank has achieved distinguished success during the last few years because of its unique objectives, strategic action plan, its continuous monitoring plus sharing of success with the concerned personnel. The credit for the rate of success goes to committed management, better Corporate Governance and very cooperative and coordinating Board of Directors. The Bank rightly maintains a decent CRAR of approximately 16.9% as against a requirement of 9% as per Reserve Bank of India.
Greater Bombay Coop Bank IFSC code
Greater Bombay Coop Bank Indian Financial System Code (IFSC) is used largely for electronic payment applications like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), Immediate Payment Service, Centralised Funds Management System (CFMS) and an interbank electronic instant mobile money transfer service (IMPS) that are developed by Reserve Bank of India in a successful manner. This particular code has just eleven characters or "Alpha Numeric" in nature. It is to be remembered that last six characters i.e GBCB0****** represent branch, fifth character is default "0" left for future use and the initial four characters represent bank.
How to search for Greater Bombay Coop Bank IFSC code?
Banking customers who are looking for Greater Bombay Coop Bank IFSC code will be able to find its code without any hassle for electronic transactions. All you need to do is select the state and branch location in order to get the IFSC code for Dhanalakshmi Bank branches in the country. It is to be noted that these particular codes are very significant as they perfectly ensure secure plus quick transactions through the electronic media.
Greater Bombay Coop Bank MICR code
Greater Bank Magnetic Ink Character Recognition code is actually a machine readable code that is largely used for immediately processing and quick clearance of cheques. It is mostly used in order to identify the bank branch to which the cheque actually belongs. On the other hand, when a cheque send for clearing, then this particular code is perfectly read by a magnetic reader and automatically sorted out in a successful manner. MICR technology rightly speeds up the entire process when compared to reading plus sorting it manually. It is to be highly noted that MICR code for Greater Bank is given at the bottom of every cheque leaf.
How to search for Greater Bombay Coop Bank MICR code?
In the table is given the Greater Bank MICR codes. You can easily narrow down your search either by clicking any particular state and then the branches from the drop down list. This code can be used for your financial transactions which is very important. Banking customers are requested to use MICR code for most of the transactions which needs it as mandatory.