DBS Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for DBS Bank Pune Pune Maharashtra

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MICR Code
Bank Dbs Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pune
Contact 020-66218888
Bank Details Dbs Bank Ltd Pune DBSS0IN0830
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411001
Country IN
Address Elbee house, city survey no 4/7, siddharth path, off dhole patil road, pune - 411 001.
MICR Code
Bank Dbs Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pune
Contact 20-24458690
Bank Details Dbs Bank Ltd Pune DBSS0IN0543
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411002
Country IN
Address 998,tilak road a.j.crystal swargate cornerpune 411002mh
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 411641002 for Pune 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 411641002 of DBS Bank India, Pune branch makes the system almost error free and faster. Use of DBS Bank India MICR codes for Pune branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Dbs Bank Ltd are available with micr code -

>>Kalyani Nagar Pune Branch >>Pune >>Pune

MICR code for DBS Bank Pune

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 Pune 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. 411641002 is the MICR code of Development Bank Of Singapore for Pune branch. MICR code for Pune 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 Pune is presented in the table alongside.

Use of DBS Bank India MICR code for Pune branch in pune

The MICR code 411641002 is used in RBI cheque clearing process to identify the branch Pune 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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