IFSC code for Mizuho Bank, Mizuho bank imps, Greater mumbai, Maharashtra
Updated on: Sunday, December 1, 2024
IFSC CODE
MHCB0000532
Mizuho Bank
Mizuho Bank Imps, Mumbai, Maharashtra
Address
Level 17, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai 400 013
Mizuho Bank
Mizuho Bank Imps, Mumbai, Maharashtra
Address
Level 17, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai 400 013
Bank Details
IFSC Code
MHCB0000532
MICR Code
400694002
Bank Code
(Based on IFSC)
MHCB
Bank Code
(Based on MICR)
694
Contact
+912222886638
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IFSC Code of Mizuho Bank
Every Mizuho Bank branch in India has a unique Mizuho Bank IFSC Code. Mizuho Bank IFSC Code enables Mizuho Bank account holders to send and receive money electronically. Mizuho Bank IFSC Code is assigned by RBI (Reserve Bank of India) to each branch as it helps in carrying out RTGS and NEFT transactions smoothly.
Benefits of IFSC Code
Unique Identification: IFSC code helps in unique identification of all banks and their respective branches.
Smooth Fund Transfer: IFSC code enables convenient and hassle-free transfer of funds from one bank account to another.
Monitoring Transactions: IFSC code is used by RBI to keep track of all the bank transactions. It lowers the chances of discrepancy.
Format of Mizuho Bank IFSC Code MHCB0000532
The IFSC code of all accounts in the same branch of the bank is standard. It is an 11 digit alphanumeric code.
The first four letters of the code, i.e., MHCB, denotes the name of the bank which is Mizuho Bank.
The fifth character is 0.
The last six digits of the code, i.e., 000532, represents the branch which is Mizuho Bank
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MICR Code of Mizuho Bank
Every Mizuho Bank branch in India has a unique Mizuho Bank MICR Code. MICR code for Mizuho Bank can be found on a cheque leaf and bank passbook. It is a 9 digit code printed on the last line of a cheque leaf. One can also find MICR code on the website of Mizuho Bank. MICR code is used for faster and secure processing of cheques.
Benefits of MICR Code
High Level of Security: The use of magnetic ink ensures MICR characters are readable even if a document is obscured by marks.
Authentication of Docs: MICR code authenticates the originality and legality of paper based docs. in the banking system.
Faster Processing: There is no manual input and hence the processing of MICR information is fast and errors are reduced.
