Now serving Mumbai and Maharashtra

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in Mumbai

Note sorters built for Mumbai’s banks, urban cooperative banks, cash management centres and wholesale counters.

Counterfeit detection, fitness sorting and serial number capture in one pass, from BKC to Zaveri Bazaar.

Free on-site demo across the city.

Why note sorting matters in Mumbai

Mumbai is where India’s currency management is set and where a large share of it is run. The RBI is headquartered in the city, most large banks operate their treasury and currency functions from here, and the cash management companies that service ATMs and branches across western India run processing floors in and around the metropolitan region.

At street level the city runs on physical notes. Zaveri Bazaar, Bhuleshwar, Crawford Market and the Dadar retail belt handle volumes where notes arrive mixed and heavily worn, and where one counterfeit five hundred rupee note absorbed at the counter is a direct loss. Maharashtra also carries the largest urban cooperative banking sector in India, and those branches face the same RBI sorting obligations as scheduled commercial banks with far less back office to absorb them.

A Maxsell sorter runs authentication, denomination sorting and fitness sorting in the same pass as the count, so unfit notes go back to the currency chest, fit notes go back into circulation, and the shift leaves an auditable record instead of a tally sheet.

Mumbai hosts the RBI's central office and the India Government Mint, and Maharashtra carries India's largest urban cooperative banking sector.

Counterfeit five hundred rupee notes detected in the banking system rose 37.3 percent in 2024-25 to roughly 1.18 lakh pieces, the sharpest rise of any denomination (RBI Annual Report 2024-25).

WHERE MAXSELL MACHINES WORK ACROSS MUMBAI

Zaveri Bazaar and Bhuleshwar wholesalers and retailers

Urban cooperative bank branches across the city and suburbs

Bank head offices and currency operations in BKC and Nariman Point

Cash management and CIT processing centres

Large retail, cinema and QSR chains with daily cash deposits

The right sorter for your Mumbai cash counter

Every model authenticates and grades notes in the same pass as the count.

Pick by daily volume and by how many output pockets you need; our Mumbai team will match the right one on a free demo.

Matrix_8510_Center_

The Matrix 8510 Range is designed for seamless integration into...

DP 8510 Expandable

The Matrix 8600 is a powerful 8+1 pocket bank note...

Matrix_8122_Front

The Matrix 8122 is an advanced banknote sorter designed for...

Matrix 8122

The Matrix 8130 is a powerful and compact solution for...

Cube 998

Cube 998 can count the total value of mixed denomination...

DP8150_Front_view_converted

The Matrix 8150 note sorting machine is an advanced solution...

Matrix 8300

Maxsell offers 2+1 Pocket full fitness function Banknote Sorting Machine...

Banks and cooperative banks in Mumbai must run BIS certified note sorting machines

RBI’s Note Sorting Machine requirements, aligned with BIS Standard IS 18663:2024, require banks to deploy BIS-certified NSMs for reliable banknote authentication and fitness sorting. Currency chest branches must use appropriate verification, processing and sorting machines, with records maintained for notes processed and counterfeit notes detected. Maxsell Currency Sorting Machines are built to support these RBI-aligned requirements for efficient, accurate and secure cash processing.

Frequently Asked Questions

Where can I buy a Maxsell currency sorting machine in Mumbai?

You can buy directly from Maxsell, with delivery and installation across Mumbai and the surrounding region.

Fill the quote form on this page or send us a WhatsApp message, and our team will arrange a free on-site demo.

Yes. We bring the machine to your counter for a free, no-obligation demo so you can run your own cash through it, including the soiled and taped notes you would normally struggle with, before deciding.

Most single branches are well served by the Matrix 8300, which gives full fitness sorting with two pockets plus a reject pocket and captures serial numbers for audit.

Banks consolidating cash from several branches into one processing point usually step up to the Matrix 8510 with four pockets plus reject.

We will match it to your daily volume on the demo.

Maxsell currency sorting machines are built to the fitness sorting parameters RBI lays down for note sorting machines, separating unfit notes from fit ones and flagging suspect notes for manual inspection.

If you are a bank or a cooperative bank, ask our team to confirm the BIS certification position under IS 18663:2024 for the specific model you are considering, since RBI requires banks to deploy only certified models.

Maxsell supplies a standard one-year warranty with optional annual maintenance contracts, and runs service centres across major Indian cities with remote troubleshooting and on-site assistance.

Installation and operator training for Mumbai customers are handled by our post-sales team.

Ready to count, authenticate and sort in one pass in Mumbai?
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