DMK Jaoli Bank Navi Mumbai Navi Mumbai Maharashtra MICR CODE

Find MICR Codes for DMK Jaoli Bank Navi Mumbai Navi Mumbai Maharashtra

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MICR Code
Bank DMK Jaoli Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Turbhe Branch
Contact 0-8657012948
Bank Details DMK Jaoli Bank Turbhe Branch DMKJ0000026
Location Navi Mumbai, Navi Mumbai
City Navi Mumbai
District Navi Mumbai
State Maharashtra
Pincode 400703
Country IN
Address Apartment no a-59/10,11,sector 21,turbhe,navi mumbai -400703
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 Turbhe 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 0 of Jaoli Bank, Turbhe Branch branch makes the system almost error free and faster. Use of Jaoli Bank MICR codes for Turbhe Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of DMK Jaoli Bank are available with micr code -

>>Turbhe Branch

MICR code for DMK Jaoli Bank Turbhe Branch

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 Turbhe 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. 0 is the MICR code of DMK Jaoli Bank for Turbhe Branch branch. MICR code for Turbhe 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 Jaoli Bank Turbhe Branch is presented in the table alongside.

Use of Jaoli Bank MICR code for Turbhe Branch branch in navi mumbai

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

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