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DBS Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for DBS Bank Bangalore Bangalore Urban Karnataka

MICR Code
Bank Dbs Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bangalore Banashankari
Contact 80-26717001
Bank Details Dbs Bank Ltd Bangalore Banashankari DBSS0IN0180
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560070
Country IN
Address Opp.bda complex,banashankari ii stage no.2654,24th cross banashankaribangalore urban560070ka
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 Bangalore Banashankari 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 DBS Bank India, Bangalore Banashankari branch makes the system almost error free and faster. Use of DBS Bank India MICR codes for Bangalore Banashankari branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for DBS Bank Bangalore Banashankari

DBS Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. DBS Bank India MICR code for Bangalore Banashankari 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 Development Bank Of Singapore for Bangalore Banashankari branch. MICR code for Bangalore Banashankari 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 DBS Bank India Bangalore Banashankari is presented in the table alongside.

Use of DBS Bank India MICR code for Bangalore Banashankari branch in bangalore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bangalore Banashankari and DBS Bank India 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 Development Bank Of Singapore is typically in either of these two font’s: E-138 and CMC-7.