Dena Bank Ashoknagar Ashok Nagar Madhya Pradesh MICR CODE

Find MICR Codes for Dena Bank Ashoknagar Ashok Nagar Madhya Pradesh

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ashok Nagar
Contact
Bank Details Dena Bank Ashok Nagar BKDN0811450
Location Ashoknagar, Ashok Nagar
City Ashoknagar
District Ashok Nagar
State Madhya Pradesh
Pincode 473331
Country IN
Address Dena bank, alok pratap singh raghuvanshi, ward no 7 ganesh colony, vidhisha road bye pass, ashok nagar, pin 473331
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 Ashok Nagar 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 Dena Bank, Ashok Nagar branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Ashok Nagar branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Ashok Nagar

MICR code for Dena Bank Ashok Nagar

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 Ashok Nagar 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 Dena Bank for Ashok Nagar branch. MICR code for Ashok Nagar 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 Ashok Nagar is presented in the table alongside.

Use of Dena Bank MICR code for Ashok Nagar branch in ashoknagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ashok Nagar 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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