Dena Bank Morvi Rajkot Gujarat MICR CODE

Find MICR Codes for Dena Bank Morvi Rajkot Gujarat

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Morbi (Nehru Gate)
Contact 02822-222083 ; Morbi@denabank.Co.In
Bank Details Dena Bank Morbi (Nehru Gate) BKDN0310053
Location Morvi, Rajkot
City Morvi
District Rajkot
State Gujarat
Pincode 363641
Country IN
Address Nehru gate,morbi - 363 641.dist. Rajkot,gujarat
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 Morbi (Nehru Gate) 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, Morbi (Nehru Gate) branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Morbi (Nehru Gate) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Dena Bank are available with micr code -

>>Mahendra Nagar >>Morbi (Nehru Gate) >>Paneli >>Pipaliya

MICR code for Dena Bank Morbi (Nehru Gate)

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 Morbi (Nehru Gate) 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 Morbi (Nehru Gate) branch. MICR code for Morbi (Nehru Gate) 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 Morbi (Nehru Gate) is presented in the table alongside.

Use of Dena Bank MICR code for Morbi (Nehru Gate) branch in morvi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Morbi (Nehru Gate) 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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