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DBS Bank Salem Salem Tamil Nadu MICR CODE

Find MICR Codes for DBS Bank Salem Salem Tamil Nadu

MICR Code
Bank Dbs Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dbs Bank Salem Branch
Contact Tel: +91 427 6641300
Bank Details Dbs Bank Ltd Dbs Bank Salem Branch DBSS0IN0832
Location Salem, Salem
City Salem
District Salem
State Tamil Nadu
Pincode 636008
Country IN
Address 24,yercaud road opp modern theaters kannakurichi po salem 636008
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 636641002 for Dbs Bank Salem 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 636641002 of DBS Bank India, Dbs Bank Salem Branch branch makes the system almost error free and faster. Use of DBS Bank India MICR codes for Dbs Bank Salem Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for DBS Bank Dbs Bank Salem Branch

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 Dbs Bank Salem 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. 636641002 is the MICR code of Development Bank Of Singapore for Dbs Bank Salem Branch branch. MICR code for Dbs Bank Salem 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 DBS Bank India Dbs Bank Salem Branch is presented in the table alongside.

Use of DBS Bank India MICR code for Dbs Bank Salem Branch branch in salem

The MICR code 636641002 is used in RBI cheque clearing process to identify the branch Dbs Bank Salem Branch 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.