Dena Bank Muzaffarpur Muzaffarpur Bihar MICR CODE

Find MICR Codes for Dena Bank Muzaffarpur Muzaffarpur Bihar

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Muzaffarpur
Contact 0621-2211710;Muzpur@denabank.Co.In
Bank Details Dena Bank Muzaffarpur BKDN0911146
Location Muzaffarpur, Muzaffarpur
City Muzaffarpur
District Muzaffarpur
State Bihar
Pincode 842001
Country IN
Address Mahavir grain stores, akhara ghat road, muzaffarpur
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 Muzaffarpur 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, Muzaffarpur branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Muzaffarpur 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 -

>>Muzaffarpur

MICR code for Dena Bank Muzaffarpur

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

Use of Dena Bank MICR code for Muzaffarpur branch in muzaffarpur

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