Dombivli Sahakari Bank Karad Satara Maharashtra MICR CODE

Find MICR Codes for Dombivli Sahakari Bank Karad Satara Maharashtra

MICR Code
Bank Dombivli Nagari Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karad
Contact 91-2164- 225275 / 225276
Bank Details Dombivli Nagari Sahakari Bank Ltd Karad DNSB0000064
Location Karad, Satara
City Karad
District Satara
State Maharashtra
Pincode 415110
Country IN
Address Plot no. 80, gr. Floor , budhwar peth , nr. Prabhat talkies , karad , pin 415110
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 Karad 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 Dombivli Nagari Sahakari Bank, Karad branch makes the system almost error free and faster. Use of Dombivli Nagari Sahakari Bank MICR codes for Karad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Dombivli Nagari Sahakari Bank Ltd are available with micr code -

>>Karad

MICR code for Dombivli Sahakari Bank Karad

Dombivli Sahakari Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dombivli Nagari Sahakari Bank MICR code for Karad 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 DNS Bank for Karad branch. MICR code for Karad 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 Dombivli Nagari Sahakari Bank Karad is presented in the table alongside.

Use of Dombivli Nagari Sahakari Bank MICR code for Karad branch in karad

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

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