Dena Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Dena Bank Mumbai Greater Bombay Maharashtra

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch It Department
Contact 022-26767092
Bank Details Dena Bank It Department BKDN0999902
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400102
Country IN
Address Dena bank project office, dena bhavan -a, patel estate, behind mtnl exchange, jogeswari(west), mumbai-400102
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 It Department 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, It Department branch makes the system almost error free and faster. Use of Dena Bank MICR codes for It Department 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 -

>>Cards Management >>Cppc >>It Department >>Rtgs Service Center >>Smallb

MICR code for Dena Bank It Department

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 It Department 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 It Department branch. MICR code for It Department 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 It Department is presented in the table alongside.

Use of Dena Bank MICR code for It Department branch in mumbai

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