DBS Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for DBS Bank Bangalore Bangalore Urban Karnataka

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MICR Code
Bank Dbs Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bangalorecantonment
Contact 80-22865433
Bank Details Dbs Bank Ltd Bangalorecantonment DBSS0IN0162
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560001
Country IN
Address Nearsafina plaza,shivaji nagar,bangalore-560001.ka state.80,shivdarshan apts co-op housing society ltd infantry roadbangalore urban560001ka
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for Bangalorecantonment branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of DBS Bank India, Bangalorecantonment branch makes the system almost error free and faster. Use of DBS Bank India MICR codes for Bangalorecantonment branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for DBS Bank Bangalorecantonment

DBS Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. DBS Bank India MICR code for Bangalorecantonment is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of Development Bank Of Singapore for Bangalorecantonment branch. MICR code for Bangalorecantonment branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for DBS Bank India Bangalorecantonment is presented in the table alongside.

Use of DBS Bank India MICR code for Bangalorecantonment branch in bangalore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bangalorecantonment and DBS Bank India bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Development Bank Of Singapore is typically in either of these two font’s: E-138 and CMC-7.

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