Dena Bank Nashik Nashik Maharashtra MICR CODE

Find MICR Codes for Dena Bank Nashik Nashik Maharashtra

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MICR Code	422018003
Bank	Dena Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhadrakali
Contact	0253-2504078
Bank Details	Dena Bank Bhadrakali BKDN0520639

Location	Nashik, Nashik
City	Nashik
District	Nashik
State	Maharashtra
Pincode	422001
Country	IN
Address	Renuka plaza, near gpo, tryambak road, bhadrakali, nashik city - 422001

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 422018003 for Bhadrakali 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 422018003 of Dena Bank, Bhadrakali branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Bhadrakali branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Dena Bank are available with micr code -

>>Bhadrakali >>Gangapur Road >>Nashik Panchavati >>Nashik Raviwar Karanja >>Nashik Road

MICR code for Dena Bank Bhadrakali

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 Bhadrakali 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. 422018003 is the MICR code of Dena Bank for Bhadrakali branch. MICR code for Bhadrakali 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 Bhadrakali is presented in the table alongside.

Use of Dena Bank MICR code for Bhadrakali branch in nashik

The MICR code 422018003 is used in RBI cheque clearing process to identify the branch Bhadrakali 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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