DBS Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for DBS Bank Mumbai Mumbai Maharashtra

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MICR Code
Bank Dbs Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kemps Corner Mumbai Branch
Contact 22-919325267
Bank Details Dbs Bank Ltd Kemps Corner Mumbai Branch DBSS0IN0835
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400007
Country IN
Address Ground floor, central shore, part 2 13 ns patkar marg cs no 2/551, malabar hill division, mumbai 400007
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 Kemps Corner Mumbai Branch 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, Kemps Corner Mumbai Branch branch makes the system almost error free and faster. Use of DBS Bank India MICR codes for Kemps Corner Mumbai Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Dbs Bank Ltd are available with micr code -

>>Andheri Sterling House >>Commercial Banking Branch Mumbai >>Dhamtari >>Kemps Corner Mumbai Branch >>Mumbai >>Mumbai

MICR code for DBS Bank Kemps Corner Mumbai Branch

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 Kemps Corner Mumbai Branch 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 Kemps Corner Mumbai Branch branch. MICR code for Kemps Corner Mumbai Branch 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 Kemps Corner Mumbai Branch is presented in the table alongside.

Use of DBS Bank India MICR code for Kemps Corner Mumbai Branch branch in mumbai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kemps Corner Mumbai Branch 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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