DBS Bank Nandyal Kurnool Andhra Pradesh MICR CODE

Find MICR Codes for DBS Bank Nandyal Kurnool Andhra Pradesh

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MICR Code
Bank Dbs Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nandyal Branch
Contact 8514-221249
Bank Details Dbs Bank Ltd Nandyal Branch DBSS0IN0503
Location Nandyal, Kurnool
City Nandyal
District Kurnool
State Andhra Pradesh
Pincode 518501
Country IN
Address Srinivasa nagar 25/509 nandyalnandyal518501ap
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 Nandyal 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, Nandyal Branch branch makes the system almost error free and faster. Use of DBS Bank India MICR codes for Nandyal Branch 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 -

>>Nandyal Branch

MICR code for DBS Bank Nandyal 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 Nandyal 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 Nandyal Branch branch. MICR code for Nandyal 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 Nandyal Branch is presented in the table alongside.

Use of DBS Bank India MICR code for Nandyal Branch branch in nandyal

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