Dena Bank Mahasamund Mahasamund Chhattisgarh MICR CODE

Find MICR Codes for Dena Bank Mahasamund Mahasamund Chhattisgarh

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mahasamunde
Contact 07723-22285;Mahasa@denabank.Co.In
Bank Details Dena Bank Mahasamunde BKDN0821105
Location Mahasamund, Mahasamund
City Mahasamund
District Mahasamund
State Chhattisgarh
Pincode 493445
Country IN
Address Aimen complex, main rd., mahasamund - 493 445
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 Mahasamunde 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, Mahasamunde branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Mahasamunde 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 -

>>Mahasamunde

MICR code for Dena Bank Mahasamunde

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 Mahasamunde 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 Mahasamunde branch. MICR code for Mahasamunde 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 Mahasamunde is presented in the table alongside.

Use of Dena Bank MICR code for Mahasamunde branch in mahasamund

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