DBS Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for DBS Bank Chennai Chennai Tamil Nadu

MICR Code
Bank Dbs Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chennai Kodambakkam
Contact 44-24837903
Bank Details Dbs Bank Ltd Chennai Kodambakkam DBSS0IN0428
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600024
Country IN
Address First floor 323,arcot road chennaichennai ( m corp.)600024tn
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 Chennai Kodambakkam 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, Chennai Kodambakkam branch makes the system almost error free and faster. Use of DBS Bank India MICR codes for Chennai Kodambakkam branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for DBS Bank Chennai Kodambakkam

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 Chennai Kodambakkam 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 Chennai Kodambakkam branch. MICR code for Chennai Kodambakkam 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 Chennai Kodambakkam is presented in the table alongside.

Use of DBS Bank India MICR code for Chennai Kodambakkam branch in chennai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chennai Kodambakkam 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.

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