Dombivli Sahakari Bank Nagar Ahmednagar Maharashtra MICR CODE

Find MICR Codes for Dombivli Sahakari Bank Nagar Ahmednagar 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 Nagar Branch
Contact 2345858
Bank Details Dombivli Nagari Sahakari Bank Ltd Nagar Branch DNSB0000072
Location Nagar, Ahmednagar
City Nagar
District Ahmednagar
State Maharashtra
Pincode 414001
Country IN
Address Shop no.1 to 4, kohinoor complex, flat no.4, laltaki road,ahmednagar, maharashtra - 414 001, india.
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 414235002 for Nagar Branch 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 414235002 of Dombivli Nagari Sahakari Bank, Nagar Branch branch makes the system almost error free and faster. Use of Dombivli Nagari Sahakari Bank MICR codes for Nagar Branch 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 -

>>Nagar Branch

MICR code for Dombivli Sahakari Bank Nagar Branch

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 Nagar Branch 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. 414235002 is the MICR code of DNS Bank for Nagar Branch branch. MICR code for Nagar Branch 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 Nagar Branch is presented in the table alongside.

Use of Dombivli Nagari Sahakari Bank MICR code for Nagar Branch branch in nagar

The MICR code 414235002 is used in RBI cheque clearing process to identify the branch Nagar Branch 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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