Dena Bank Motapondha Valsad Gujarat MICR CODE

Find MICR Codes for Dena Bank Motapondha Valsad Gujarat

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mota Ponda
Contact 02633-260016 Motapo@denabank.Co.In
Bank Details Dena Bank Mota Ponda BKDN0240898
Location Motapondha, Valsad
City Motapondha
District Valsad
State Gujarat
Pincode 396191
Country IN
Address Mota pondha.,tal kaprada,vai vapi,gujarat,396191
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 Mota Ponda 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, Mota Ponda branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Mota Ponda 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 -

>>Mota Ponda

MICR code for Dena Bank Mota Ponda

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 Mota Ponda 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 Mota Ponda branch. MICR code for Mota Ponda 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 Mota Ponda is presented in the table alongside.

Use of Dena Bank MICR code for Mota Ponda branch in motapondha

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