Dena Bank Junagadh Junagadh Gujarat MICR CODE

Find MICR Codes for Dena Bank Junagadh Junagadh Gujarat

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Arena
Contact 9408558339;Arena@denabank.Co.In
Bank Details Dena Bank Arena BKDN0311372
Location Junagadh, Junagadh
City Junagadh
District Junagadh
State Gujarat
Pincode 362250
Country IN
Address Dena bank, mangrol-charwad highway, village arena tal mangrol, dist junagadh, pin 362250, gujarat
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 362018510 for Arena 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 362018510 of Dena Bank, Arena branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Arena branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Dena Bank are available with micr code -

>>Arena >>Junagadh(M.G.Road)

MICR code for Dena Bank Arena

Dena Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dena Bank MICR code for Arena 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. 362018510 is the MICR code of Dena Bank for Arena branch. MICR code for Arena 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 Dena Bank Arena is presented in the table alongside.

Use of Dena Bank MICR code for Arena branch in junagadh

The MICR code 362018510 is used in RBI cheque clearing process to identify the branch Arena and Dena 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 Dena Bank is typically in either of these two font’s: E-138 and CMC-7.

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