Dena Bank Rajnandgaon Rajnandgaon Chhattisgarh MICR CODE

Find MICR Codes for Dena Bank Rajnandgaon Rajnandgaon Chhattisgarh

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bagrekasa
Contact 8878268029
Bank Details Dena Bank Bagrekasa BKDN0831957
Location Rajnandgaon, Rajnandgaon
City Rajnandgaon
District Rajnandgaon
State Chhattisgarh
Pincode
Country IN
Address Bagrekasa village bagrekasa post dongargarh tehsil rajnandgaon district
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 Bagrekasa 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, Bagrekasa branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Bagrekasa branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Dena Bank are available with micr code -

>>Ambagarh Chowki >>Bagrekasa >>Durg Rajnandgaon Gramin Bank >>Rajnandgaon

MICR code for Dena Bank Bagrekasa

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 Bagrekasa 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 Bagrekasa branch. MICR code for Bagrekasa 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 Bagrekasa is presented in the table alongside.

Use of Dena Bank MICR code for Bagrekasa branch in rajnandgaon

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