Dena Bank Madhepur Madhubani Bihar MICR CODE

Find MICR Codes for Dena Bank Madhepur Madhubani Bihar

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Laxmipur Madhepur
Contact 7541808712
Bank Details Dena Bank Laxmipur Madhepur BKDN0921691
Location Madhepur, Madhubani
City Madhepur
District Madhubani
State Bihar
Pincode 847408
Country IN
Address Ahprbsstan, bajrangplyhos, ahpr, ahbank, bihar, pinco847408
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 Laxmipur Madhepur 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, Laxmipur Madhepur branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Laxmipur Madhepur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Dena Bank are available with micr code -

>>Laxmipur Madhepur

MICR code for Dena Bank Laxmipur Madhepur

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 Laxmipur Madhepur 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 Laxmipur Madhepur branch. MICR code for Laxmipur Madhepur 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 Laxmipur Madhepur is presented in the table alongside.

Use of Dena Bank MICR code for Laxmipur Madhepur branch in madhepur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Laxmipur Madhepur 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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