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DMK Jaoli Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for DMK Jaoli Bank Mumbai Mumbai Maharashtra

MICR Code:
Bank: DMK Jaoli Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Chembur East
Contact: 25213826
Bank Details: DMK Jaoli Bank Chembur East DMKJ0000024
Location: Mumbai, Mumbai
City: Mumbai
District: Mumbai
State: Maharashtra
Pincode:
Country: IN
Address: Shop no.4, amogh c.h.s.ltd,waman tukaram patil marg,chembur east, mumbai 400 071
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 400802018 for Chembur East 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 400802018 of Jaoli Bank, Chembur East branch makes the system almost error free and faster. Use of Jaoli Bank MICR codes for Chembur East branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of DMK Jaoli Bank are available with micr code -

>>Bhandup Kokan Nagar >>Borivali >>Chembur East >>Dadar >>Ghatkopar >>Goldeval >>Head Office >>Jogeshwari >>Lbs Marg Bhandup >>Malad >>Vikhroli East

MICR code for DMK Jaoli Bank Chembur East

DMK Jaoli Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Jaoli Bank MICR code for Chembur East 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. 400802018 is the MICR code of DMK Jaoli Bank for Chembur East branch. MICR code for Chembur East 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 Jaoli Bank Chembur East is presented in the table alongside.

Use of Jaoli Bank MICR code for Chembur East branch in mumbai

The MICR code 400802018 is used in RBI cheque clearing process to identify the branch Chembur East and Jaoli 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 DMK Jaoli Bank is typically in either of these two font’s: E-138 and CMC-7.