Bank Of Tokyo Mitsubishi Limited
RBI has allotted the Indian Financial System Code in short denoted as IFSC codes to all the bank branches in India. IFSC codes are unique 11-digit codes with alphanumeric characters. These codes help the users to ensure that the transferred funds go to the right person account, without any errors.
For example, we can take the IFSC code: “BOTM0MB3612” - of Bank of Tokyo Mitsubishi Limited, Nariman Point, Mumbai, Maharashtra.
- Here, the first four alphabets, BOTM, indicate the bank name, i.e., Bank of Tokyo Mitsubishi Limited.
- The fifth digit is 0 (zero) - provided for future use.
- The last six digits MOM3612 - denotes a particular branch at Nariman Point, Mumbai, Maharashtra.
This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any Bank of Tokyo Mitsubishi Limited account or to other bank accounts. According to RBI guidelines, the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India. This code helps to avoid the risk factor while sending and receiving funds through banks in our country.
Easy way to find Bank of Tokyo Mitsubishi Limited IFSC Code and MICR Code?
The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by Bank of Tokyo Mitsubishi Limited. The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter into the bank’s official website. Customers by clicking the link will lead to another page where four columns are displayed. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC code or MICR code.
Bank Of Tokyo Mitsubishi Limited Branch Details
About Tokyo Mitsubishi Limited Bank
- Bank of Tokyo Mitsubishi Limited was formed by merger of The Mitsubishi Bank Limited and Bank of Tokyo Limited in April 1996. Previously, these two banks were healthiest banks in Japan. After the merger, Bank of Tokyo Mitsubishi Limited became one of the world's largest banks and extended its network of domestic and international branches. The bank operations include a wide range of banking and financial services.
- In 1890, Mitsubishi Bank origin took place in an exchange office dealing in foreign currency transactions with Mitsubishi Shoji which was the original Mitsubishi company. It is one the largest maritime shipping and warehousing enterprises in Japan. Five years later, it was reorganized into a full service banking department.
- In 1917, the Mitsubishi group continued to grow and took necessary steps to reorganize. In 1919, the companies including the bank became independent. In the following year, the bank opened its offices in New York and London. Within ten years between 1919 and 1929, its capitalization doubled to ¥ 100 million. Many banks came down in Japan during disorder in industrialization, but this bank survived. Even during natural calamities such as the Kanto Earthquake in 1923 and several recessions, this bank sustained.
- During the Second World War, Mitsubishi was forced to close its offices in New York and London. Initially, the Mitsubishi group made profitable ventures during war, after the United States entered into war that too against Japan changed the entire nation’s industrial organization. So, the Japan government ordered for a massive centralization which resulted in the merger of Mitsubishi Bank and One Hundredth Bank in 1943. In 1945, the war came to an end, Mitsubishi group suffered huge losses in all areas of its operation.
- After many difficulties, the bank started to grow gradually over time. In 1953, it reopened its offices in London and New York. In 1954, this bank was quickly re-established as a powerful trade coordinator by binding four trading companies. In 1960’s, this bank opened offices in Los Angeles, Paris and Seoul. In 1970’s, this bank established offices in Europe, United States and Asia. In 1972, a subsidiary Mitsubishi Bank of California was opened. In 1994, the bank takeover of Nippon Trust Bank Limited.
- In March 1995, Mitsubishi Bank and Bank of Tokyo Limited announced to merge. In April 1996, the merger of both banks resulted in the emerging world's largest bank as Bank of Tokyo-Mitsubishi Limited with total assets of US$701.4 billion.
- In India, Bank of Tokyo Mitsubishi Limited has opened five branches in Maharashtra, Delhi, Tamilnadu, Karnataka and Rajasthan in five States namely Mumbai, New Delhi, Chennai, Bangalore and Alwar respectively.
15th Floor, Hoechst House,
193, Vinay K. Shah Marg,
Nariman Point, Mumbai – 400 021.
For further details contact: 022-66693000.