Dena Bank Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for Dena Bank Hyderabad Hyderabad Andhra Pradesh

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MICR Code	500018014
Bank	Dena Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Madhapur
Contact	022-2654 5440;Madhyd@denabank.Co.In
Bank Details	Dena Bank Madhapur BKDN0611255

Location	Hyderabad, Hyderabad
City	Hyderabad
District	Hyderabad
State	Andhra Pradesh
Pincode	500081
Country	IN
Address	Madhapur,s r r niwas, h no 1-98/11, arunoday colony,hyderabad,andhra pradesh-50086

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 500018014 for Madhapur 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 500018014 of Dena Bank, Madhapur branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Madhapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Dena Bank are available with micr code -

>>Chanda Nagar >>Madhapur >>Retail Asset Branch Hyderabad >>Service Branch >>Tandur >>Yousufguda

MICR code for Dena Bank Madhapur

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 Madhapur 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. 500018014 is the MICR code of Dena Bank for Madhapur branch. MICR code for Madhapur 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 Madhapur is presented in the table alongside.

Use of Dena Bank MICR code for Madhapur branch in hyderabad

The MICR code 500018014 is used in RBI cheque clearing process to identify the branch Madhapur 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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