DBS Bank Mysore Mysore Karnataka MICR CODE

Find MICR Codes for DBS Bank Mysore Mysore Karnataka

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MICR Code
Bank Dbs Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mysore
Contact 821-2423262
Bank Details Dbs Bank Ltd Mysore DBSS0IN0455
Location Mysore, Mysore
City Mysore
District Mysore
State Karnataka
Pincode 570001
Country IN
Address No 1111 to 1115, vinobha road, opp sri kannika parameshwari temple, shivarampet, mysore, 570001, karnataka
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 Mysore 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, Mysore branch makes the system almost error free and faster. Use of DBS Bank India MICR codes for Mysore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Dbs Bank Ltd are available with micr code -

>>Mysore

MICR code for DBS Bank Mysore

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 Mysore 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 Mysore branch. MICR code for Mysore 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 Mysore is presented in the table alongside.

Use of DBS Bank India MICR code for Mysore branch in mysore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mysore 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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