Dombivli Sahakari Bank Bhiwandi Thane Maharashtra MICR CODE

Find MICR Codes for Dombivli Sahakari Bank Bhiwandi Thane Maharashtra

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MICR Code
Bank Dombivli Nagari Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhiwandi
Contact 952522-231752
Bank Details Dombivli Nagari Sahakari Bank Ltd Bhiwandi DNSB0000004
Location Bhiwandi, Thane
City Bhiwandi
District Thane
State Maharashtra
Pincode 421302
Country IN
Address 186, teli pada, bhairy bldg, bhiwandi, dist-thane
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 400235004 for Bhiwandi 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 400235004 of Dombivli Nagari Sahakari Bank, Bhiwandi branch makes the system almost error free and faster. Use of Dombivli Nagari Sahakari Bank MICR codes for Bhiwandi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Dombivli Nagari Sahakari Bank Ltd are available with micr code -

>>Bhiwandi

MICR code for Dombivli Sahakari Bank Bhiwandi

Dombivli Sahakari Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dombivli Nagari Sahakari Bank MICR code for Bhiwandi 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. 400235004 is the MICR code of DNS Bank for Bhiwandi branch. MICR code for Bhiwandi 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 Dombivli Nagari Sahakari Bank Bhiwandi is presented in the table alongside.

Use of Dombivli Nagari Sahakari Bank MICR code for Bhiwandi branch in bhiwandi

The MICR code 400235004 is used in RBI cheque clearing process to identify the branch Bhiwandi and Dombivli Nagari 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 DNS Bank is typically in either of these two font’s: E-138 and CMC-7.

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