Dena Bank Bakhatbarh Dhar Madhya Pradesh MICR CODE

Find MICR Codes for Dena Bank Bakhatbarh Dhar Madhya Pradesh

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bakhatgarh
Contact 07295-276129;'Bakhat@denabank.Co.In
Bank Details Dena Bank Bakhatgarh BKDN0810752
Location Bakhatbarh, Dhar
City Bakhatbarh
District Dhar
State Madhya Pradesh
Pincode 454660
Country IN
Address Badnawar tehsil,bakhatgarh,madhya pradesh
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 Bakhatgarh 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, Bakhatgarh branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Bakhatgarh 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 -

>>Bakhatgarh

MICR code for Dena Bank Bakhatgarh

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

Use of Dena Bank MICR code for Bakhatgarh branch in bakhatbarh

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