Deogiri Bank Aurangabad Aurangabad Maharashtra MICR CODE

Find MICR Codes for Deogiri Bank Aurangabad Aurangabad Maharashtra

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MICR Code
Bank Deogiri Nagari Sahakari Bank Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch T.V.Centre
Contact 2240212
Bank Details Deogiri Nagari Sahakari Bank Ltd. T.V.Centre DEOB0000009
Location Aurangabad, Aurangabad
City Aurangabad
District Aurangabad
State Maharashtra
Pincode 431003
Country IN
Address Plot no.2, s.no.12/1, ward no.2, jadhavwadi, jalgaon-road, aurangabad
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 T.V.Centre 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 Deogiri Sahakari Bank, T.V.Centre branch makes the system almost error free and faster. Use of Deogiri Sahakari Bank MICR codes for T.V.Centre branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Deogiri Nagari Sahakari Bank Ltd. are available with micr code -

>>Cidco >>Gulmandi >>Jawahar Colony >>Kranti Chowk >>Mayur Park >>Mukundwadi >>Railway Station Road >>Rtgsho >>Satara Parisar >>Service Branch >>Shivajinagar >>T.V.Centre >>Waluj

MICR code for Deogiri Bank T.V.Centre

Deogiri Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Deogiri Sahakari Bank MICR code for T.V.Centre 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 Deogiri Bank for T.V.Centre branch. MICR code for T.V.Centre 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 Deogiri Sahakari Bank T.V.Centre is presented in the table alongside.

Use of Deogiri Sahakari Bank MICR code for T.V.Centre branch in aurangabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch T.V.Centre and Deogiri Sahakari 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 Deogiri Bank is typically in either of these two font’s: E-138 and CMC-7.

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