Dena Bank Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for Dena Bank Bhopal Bhopal Madhya Pradesh

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MICR Code	462018002
Bank	Dena Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhopal(Azad Market)
Contact	0755-2542052/2549193
Bank Details	Dena Bank Bhopal(Azad Market) BKDN0810125

Location	Bhopal, Bhopal
City	Bhopal
District	Bhopal
State	Madhya Pradesh
Pincode	462001
Country	IN
Address	Marwadi road naka,azad market,pb no-54,bhopal-462001

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 462018002 for Bhopal(Azad Market) 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 462018002 of Dena Bank, Bhopal(Azad Market) branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Bhopal(Azad Market) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Dena Bank are available with micr code -

>>Arera Colony Bhopal >>Bhopal Hamidia Road >>Bhopal Tt Nagar >>Bhopal(Azad Market) >>Bhopal(M.P.Nagar) >>Bijasan >>Koh E Fiza Madhya Pradesh >>Kolar >>Retail Asset Branch Bhopal >>Singroli

MICR code for Dena Bank Bhopal(Azad Market)

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 Bhopal(Azad Market) 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. 462018002 is the MICR code of Dena Bank for Bhopal(Azad Market) branch. MICR code for Bhopal(Azad Market) 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 Bhopal(Azad Market) is presented in the table alongside.

Use of Dena Bank MICR code for Bhopal(Azad Market) branch in bhopal

The MICR code 462018002 is used in RBI cheque clearing process to identify the branch Bhopal(Azad Market) 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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