DMK Jaoli Bank Bhayander Thane Maharashtra MICR CODE

Find MICR Codes for DMK Jaoli Bank Bhayander Thane Maharashtra

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MICR Code	400802008
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	Bhayander
Contact	28198991
Bank Details	DMK Jaoli Bank Bhayander DMKJ0000010

Location	Bhayander, Thane
City	Bhayander
District	Thane
State	Maharashtra
Pincode	401105
Country	IN
Address	Bhayander

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 400802008 for Bhayander 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 400802008 of Jaoli Bank, Bhayander branch makes the system almost error free and faster. Use of Jaoli Bank MICR codes for Bhayander branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of DMK Jaoli Bank are available with micr code -

>>Bhayander

MICR code for DMK Jaoli Bank Bhayander

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 Bhayander 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. 400802008 is the MICR code of DMK Jaoli Bank for Bhayander branch. MICR code for Bhayander 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 Bhayander is presented in the table alongside.

Use of Jaoli Bank MICR code for Bhayander branch in bhayander

The MICR code 400802008 is used in RBI cheque clearing process to identify the branch Bhayander 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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