Dena Bank Rahon Shahid Bhagat Singh Nagar Punjab MICR CODE

Find MICR Codes for Dena Bank Rahon Shahid Bhagat Singh Nagar Punjab

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Banga
Contact 9914058276;Banga@denabank.Co.In
Bank Details Dena Bank Banga BKDN0731340
Location Rahon, Shahid Bhagat Singh Nagar
City Rahon
District Shahid Bhagat Singh Nagar
State Punjab
Pincode 144517
Country IN
Address Star complex building, main road, banga, tal : s b singh nagar, distt. Faisalabad,punjab
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 Banga 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, Banga branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Banga 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 -

>>Banga

MICR code for Dena Bank Banga

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

Use of Dena Bank MICR code for Banga branch in rahon

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