Dombivli Sahakari Bank Shahapur Thane Maharashtra MICR CODE

Find MICR Codes for Dombivli Sahakari Bank Shahapur 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 Shahapur
Contact 952527-270773
Bank Details Dombivli Nagari Sahakari Bank Ltd Shahapur DNSB0000053
Location Shahapur, Thane
City Shahapur
District Thane
State Maharashtra
Pincode 421601
Country IN
Address Thakkar building, thakkar compund, shahapur, dist- thane, 421601.
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 400235001 for Shahapur 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 400235001 of Dombivli Nagari Sahakari Bank, Shahapur branch makes the system almost error free and faster. Use of Dombivli Nagari Sahakari Bank MICR codes for Shahapur 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 -

>>Shahapur

MICR code for Dombivli Sahakari Bank Shahapur

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 Shahapur 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. 400235001 is the MICR code of DNS Bank for Shahapur branch. MICR code for Shahapur 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 Shahapur is presented in the table alongside.

Use of Dombivli Nagari Sahakari Bank MICR code for Shahapur branch in shahapur

The MICR code 400235001 is used in RBI cheque clearing process to identify the branch Shahapur 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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