Dena Bank Mapusa North Goa Goa MICR CODE

Find MICR Codes for Dena Bank Mapusa North Goa Goa

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MICR Code	403018011
Bank	Dena Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mapusa (Goa)
Contact	95832- 2262589;Mapuca@denabank.Co.In
Bank Details	Dena Bank Mapusa (Goa) BKDN0470613

Location	Mapusa, North Goa
City	Mapusa
District	North Goa
State	Goa
Pincode	403507
Country	IN
Address	Lakshmi building,petenchem batta,bardez,mapusa-403 507

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 403018011 for Mapusa (Goa) 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 403018011 of Dena Bank, Mapusa (Goa) branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Mapusa (Goa) 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 -

>>Mapusa (Goa)

MICR code for Dena Bank Mapusa (Goa)

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 Mapusa (Goa) 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. 403018011 is the MICR code of Dena Bank for Mapusa (Goa) branch. MICR code for Mapusa (Goa) 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 Mapusa (Goa) is presented in the table alongside.

Use of Dena Bank MICR code for Mapusa (Goa) branch in mapusa

The MICR code 403018011 is used in RBI cheque clearing process to identify the branch Mapusa (Goa) 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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