Dena Bank Patna Patna Bihar MICR CODE

Find MICR Codes for Dena Bank Patna Patna Bihar

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Patna Khazanchi Road
Contact 7541808775
Bank Details Dena Bank Patna Khazanchi Road BKDN0921696
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800004
Country IN
Address Khazanchi road branch, ashutosh kumar,khazanchi road main road,patna,bihar
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 Patna Khazanchi Road 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, Patna Khazanchi Road branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Patna Khazanchi Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Dena Bank are available with micr code -

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MICR code for Dena Bank Patna Khazanchi Road

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 Patna Khazanchi Road 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 Patna Khazanchi Road branch. MICR code for Patna Khazanchi Road 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 Patna Khazanchi Road is presented in the table alongside.

Use of Dena Bank MICR code for Patna Khazanchi Road branch in patna

The MICR code 0 is used in RBI cheque clearing process to identify the branch Patna Khazanchi Road 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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