Dena Bank Pirangut Pune Maharashtra MICR CODE

Find MICR Codes for Dena Bank Pirangut Pune Maharashtra

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MICR Code	411018016
Bank	Dena Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Pirangut
Contact
Bank Details	Dena Bank Pirangut BKDN0511344

Location	Pirangut, Pune
City	Pirangut
District	Pune
State	Maharashtra
Pincode	412115
Country	IN
Address	Gat 73, pune paud road, camp area, pirangut, maharashtra-412115

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 411018016 for Pirangut 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 411018016 of Dena Bank, Pirangut branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Pirangut 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 -

>>Pirangut

MICR code for Dena Bank Pirangut

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 Pirangut 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. 411018016 is the MICR code of Dena Bank for Pirangut branch. MICR code for Pirangut 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 Pirangut is presented in the table alongside.

Use of Dena Bank MICR code for Pirangut branch in pirangut

The MICR code 411018016 is used in RBI cheque clearing process to identify the branch Pirangut 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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