DMK Jaoli Bank Navi Mumbai Thane Maharashtra MICR CODE

Find MICR Codes for DMK Jaoli Bank Navi Mumbai Thane Maharashtra

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MICR Code	400802016
Bank	DMK Jaoli Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Airoli
Contact	27601232
Bank Details	DMK Jaoli Bank Airoli DMKJ0000021

Location	Navi Mumbai, Thane
City	Navi Mumbai
District	Thane
State	Maharashtra
Pincode	400708
Country	IN
Address	Shree gurudatta complex chs ltd ground floor,a wing shop no-5,6,7,plot no- 44,45 and 46, sector no- 8a, dive, airoli, navi mumbai- 400708

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 400802016 for Airoli 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 400802016 of Jaoli Bank, Airoli branch makes the system almost error free and faster. Use of Jaoli Bank MICR codes for Airoli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of DMK Jaoli Bank are available with micr code -

>>Airoli >>Koparkhairane >>Seawoodnerul >>Vashi

MICR code for DMK Jaoli Bank Airoli

DMK Jaoli Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Jaoli Bank MICR code for Airoli 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. 400802016 is the MICR code of DMK Jaoli Bank for Airoli branch. MICR code for Airoli 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 Jaoli Bank Airoli is presented in the table alongside.

Use of Jaoli Bank MICR code for Airoli branch in navi mumbai

The MICR code 400802016 is used in RBI cheque clearing process to identify the branch Airoli and Jaoli Bank 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 DMK Jaoli Bank is typically in either of these two font’s: E-138 and CMC-7.

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