Dena Bank Narratola Durg Chhattisgarh MICR CODE

Find MICR Codes for Dena Bank Narratola Durg Chhattisgarh

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Narri Tolia
Contact 07748-216003 Narrito@denabank.Co.In
Bank Details Dena Bank Narri Tolia BKDN0821064
Location Narratola, Durg
City Narratola
District Durg
State Chhattisgarh
Pincode 491228
Country IN
Address Narrt-tola, tal: balod, block-doundi, chhattisgarh
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 Narri Tolia 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, Narri Tolia branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Narri Tolia 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 -

>>Narri Tolia

MICR code for Dena Bank Narri Tolia

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 Narri Tolia 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 Narri Tolia branch. MICR code for Narri Tolia 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 Narri Tolia is presented in the table alongside.

Use of Dena Bank MICR code for Narri Tolia branch in narratola

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