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DMK Jaoli Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for DMK Jaoli Bank Mumbai Mumbai Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	400802007
Bank	DMK Jaoli Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Lbs Marg Bhandup
Contact	25962276
Bank Details	DMK Jaoli Bank Lbs Marg Bhandup DMKJ0000007

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	400078
Country	IN
Address	Nahar & seth ind estate co-op soc ltd, pannalal compound,l b s road bhandup w , mumbai 400078

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 400802007 for Lbs Marg Bhandup 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 400802007 of Jaoli Bank, Lbs Marg Bhandup branch makes the system almost error free and faster. Use of Jaoli Bank MICR codes for Lbs Marg Bhandup 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 Lbs Marg Bhandup

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 Lbs Marg Bhandup 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. 400802007 is the MICR code of DMK Jaoli Bank for Lbs Marg Bhandup branch. MICR code for Lbs Marg Bhandup 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 Lbs Marg Bhandup is presented in the table alongside.

Use of Jaoli Bank MICR code for Lbs Marg Bhandup branch in mumbai

The MICR code 400802007 is used in RBI cheque clearing process to identify the branch Lbs Marg Bhandup 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.