Dena Bank Nashik Nashik Maharashtra MICR CODE

Find MICR Codes for Dena Bank Nashik Nashik Maharashtra

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MICR Code	422018002
Bank	Dena Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nashik Raviwar Karanja
Contact	0253-2503035;Nashikc@denabank.Co.In
Bank Details	Dena Bank Nashik Raviwar Karanja BKDN0520006

Location	Nashik, Nashik
City	Nashik
District	Nashik
State	Maharashtra
Pincode	422001
Country	IN
Address	16,raviwar karanja,pb no 45,nasik422 001

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 422018002 for Nashik Raviwar Karanja 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 422018002 of Dena Bank, Nashik Raviwar Karanja branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Nashik Raviwar Karanja branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Dena Bank are available with micr code -

>>Bhadrakali >>Gangapur Road >>Nashik Panchavati >>Nashik Raviwar Karanja >>Nashik Road

MICR code for Dena Bank Nashik Raviwar Karanja

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 Nashik Raviwar Karanja 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. 422018002 is the MICR code of Dena Bank for Nashik Raviwar Karanja branch. MICR code for Nashik Raviwar Karanja 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 Nashik Raviwar Karanja is presented in the table alongside.

Use of Dena Bank MICR code for Nashik Raviwar Karanja branch in nashik

The MICR code 422018002 is used in RBI cheque clearing process to identify the branch Nashik Raviwar Karanja 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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