DBS Bank Puttur Dakshin Kannad Karnataka MICR CODE

Find MICR Codes for DBS Bank Puttur Dakshin Kannad Karnataka

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MICR Code
Bank Dbs Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Puttur
Contact 8251-236640
Bank Details Dbs Bank Ltd Puttur DBSS0IN0553
Location Puttur, Dakshin Kannad
City Puttur
District Dakshin Kannad
State Karnataka
Pincode 574201
Country IN
Address Puttur no.v-963,court road,putturdakshin kannad574201ka
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 Puttur 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, Puttur branch makes the system almost error free and faster. Use of DBS Bank India MICR codes for Puttur 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 -

>>Puttur

MICR code for DBS Bank Puttur

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

Use of DBS Bank India MICR code for Puttur branch in puttur

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