Dena Bank Kolkata Kolkata West Bengal MICR CODE

Find MICR Codes for Dena Bank Kolkata Kolkata West Bengal

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Calcutta Shyam Bazar
Contact 033-25556365/25553038,Shyamb@denabank.Co.In
Bank Details Dena Bank Calcutta Shyam Bazar BKDN0910172
Location Kolkata, Kolkata
City Kolkata
District Kolkata
State West Bengal
Pincode 700004
Country IN
Address 83/1,bidhan sarani,shyam bazar,calcutta-700004
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 700018012 for Calcutta Shyam Bazar 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 700018012 of Dena Bank, Calcutta Shyam Bazar branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Calcutta Shyam Bazar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Dena Bank Calcutta Shyam Bazar

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 Calcutta Shyam Bazar 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. 700018012 is the MICR code of Dena Bank for Calcutta Shyam Bazar branch. MICR code for Calcutta Shyam Bazar 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 Calcutta Shyam Bazar is presented in the table alongside.

Use of Dena Bank MICR code for Calcutta Shyam Bazar branch in kolkata

The MICR code 700018012 is used in RBI cheque clearing process to identify the branch Calcutta Shyam Bazar 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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