Deutsche Bank Salem Salem Tamil Nadu MICR CODE

Find MICR Codes for Deutsche Bank Salem Salem Tamil Nadu

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MICR Code
Bank Deutsche Bank Ag
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Salem
Contact Sundhararaman Kalyanraman - 9884721183
Bank Details Deutsche Bank Ag Salem DEUT0402PBC
Location Salem, Salem
City Salem
District Salem
State Tamil Nadu
Pincode 636008
Country IN
Address Plot no.9 & 10, venkatathri nilayam, yercaud, road, karan kurchi post, salem - 636 008
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 636200002 for Salem 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 636200002 of DB Bank, Salem branch makes the system almost error free and faster. Use of DB Bank MICR codes for Salem branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Deutsche Bank Ag are available with micr code -

>>Salem

MICR code for Deutsche Bank Salem

Deutsche Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. DB Bank MICR code for Salem 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. 636200002 is the MICR code of Deutsche Bank for Salem branch. MICR code for Salem 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 DB Bank Salem is presented in the table alongside.

Use of DB Bank MICR code for Salem branch in salem

The MICR code 636200002 is used in RBI cheque clearing process to identify the branch Salem and DB 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 Deutsche Bank is typically in either of these two font’s: E-138 and CMC-7.

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