IFSC code for Woori Bank, Mumbai branch, Mumbai, Maharashtra
Updated on: Sunday, December 1, 2024
IFSC CODE
HVBK0000003
Woori Bank
Mumbai Branch, Mumbai, Maharashtra
Address
Unit No 601, 6th Floor, Birla Centurion, Century Mills Compound, Pandurang Budhkar Marg, Worli, Mumbai - 400030
Woori Bank
Mumbai Branch, Mumbai, Maharashtra
Address
Unit No 601, 6th Floor, Birla Centurion, Century Mills Compound, Pandurang Budhkar Marg, Worli, Mumbai - 400030
Bank Details
IFSC Code
HVBK0000003
MICR Code
400240277
Bank Code
(Based on IFSC)
HVBK
Bank Code
(Based on MICR)
240
Contact
+912262638100
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IFSC Code of Woori Bank
Every Woori Bank branch in India has a unique Woori Bank IFSC Code. Woori Bank IFSC Code enables Woori Bank account holders to send and receive money electronically. Woori 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 Woori Bank IFSC Code HVBK0000003
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., HVBK, denotes the name of the bank which is Woori Bank.
The fifth character is 0.
The last six digits of the code, i.e., 000003, represents the branch which is Woori Bank
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MICR Code of Woori Bank
Every Woori Bank branch in India has a unique Woori Bank MICR Code. MICR code for Woori 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 Woori 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.
