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Darussalam Bank Hyderabad Hyderabad Telangana MICR CODE

Find MICR Codes for Darussalam Bank Hyderabad Hyderabad Telangana

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Darussalam Co-Operative Urban Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Malakpet
Contact	40-24410556
Bank Details	Darussalam Co-Operative Urban Bank Malakpet DCUB0786108

Location	Hyderabad, Hyderabad
City	Hyderabad
District	Hyderabad
State	Telangana
Pincode	500036
Country	IN
Address	16-8-921 1 centuary square ground floor malakpet hyderabad 500036

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 Malakpet 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 Darussalam Bank COOP Bank, Malakpet branch makes the system almost error free and faster. Use of Darussalam Bank COOP Bank MICR codes for Malakpet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Darussalam Co-Operative Urban Bank are available with micr code -

>>Aghapura >>Banjara Hills >>Hussaini Alam >>Kanchanbagh >>Malakpet >>Pathergatti >>Rtgsho >>Sanath Nagar >>Shah Ali Banda >>Tolichowki

MICR code for Darussalam Bank Malakpet

Darussalam Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Darussalam Bank COOP Bank MICR code for Malakpet 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 Darussalam Bank for Malakpet branch. MICR code for Malakpet 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 Darussalam Bank COOP Bank Malakpet is presented in the table alongside.

Use of Darussalam Bank COOP Bank MICR code for Malakpet branch in hyderabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Malakpet and Darussalam Bank COOP 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 Darussalam Bank is typically in either of these two font’s: E-138 and CMC-7.