Dena Bank Amritsar Amritsar Punjab MICR CODE

Find MICR Codes for Dena Bank Amritsar Amritsar Punjab

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch East Mohan Nagar
Contact 8427678076
Bank Details Dena Bank East Mohan Nagar BKDN0741739
Location Amritsar, Amritsar
City Amritsar
District Amritsar
State Punjab
Pincode 143001
Country IN
Address 258 b,east mohan nagar opposite kitchen club100feet road amritsar,punjab 143001
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 East Mohan Nagar 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, East Mohan Nagar branch makes the system almost error free and faster. Use of Dena Bank MICR codes for East Mohan Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Dena Bank are available with micr code -

>>Amritsar Newmarket >>Amritsar(Civil Lines) >>East Mohan Nagar

MICR code for Dena Bank East Mohan Nagar

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 East Mohan Nagar 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 East Mohan Nagar branch. MICR code for East Mohan Nagar 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 East Mohan Nagar is presented in the table alongside.

Use of Dena Bank MICR code for East Mohan Nagar branch in amritsar

The MICR code 0 is used in RBI cheque clearing process to identify the branch East Mohan Nagar 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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