Darussalam Bank Hyderabad Hyderabad Telangana MICR CODE

Find MICR Codes for Darussalam Bank Hyderabad Hyderabad Telangana

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MICR Code
Bank Darussalam Co-Operative Urban Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tolichowki
Contact 40-23562041
Bank Details Darussalam Co-Operative Urban Bank Tolichowki DCUB0786105
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Telangana
Pincode 500008
Country IN
Address 8-1-347 to 351 opp reliance mart,tolichowki hyderabad 500008
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 Tolichowki 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 Darussalam Bank COOP Bank, Tolichowki branch makes the system almost error free and faster. Use of Darussalam Bank COOP Bank MICR codes for Tolichowki branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Darussalam Co-Operative Urban Bank are available with micr code -

>>Aghapura >>Banjara Hills >>Hussaini Alam >>Kanchanbagh >>Malakpet >>Pathergatti >>Rtgsho >>Sanath Nagar >>Shah Ali Banda >>Tolichowki

MICR code for Darussalam Bank Tolichowki

Darussalam Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Darussalam Bank COOP Bank MICR code for Tolichowki 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 Darussalam Bank for Tolichowki branch. MICR code for Tolichowki 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 Darussalam Bank COOP Bank Tolichowki is presented in the table alongside.

Use of Darussalam Bank COOP Bank MICR code for Tolichowki branch in hyderabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Tolichowki and Darussalam Bank COOP 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 Darussalam Bank is typically in either of these two font’s: E-138 and CMC-7.

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