Dena Bank Panchkula Panchkula Haryana MICR CODE

Find MICR Codes for Dena Bank Panchkula Panchkula Haryana

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MICR Code	160018004
Bank	Dena Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Punchkula
Contact	0172- 2585486/87;Panchk@denabank.Co.In
Bank Details	Dena Bank Punchkula BKDN0711206

Location	Panchkula, Panchkula
City	Panchkula
District	Panchkula
State	Haryana
Pincode	134109
Country	IN
Address	Dena bank scf-89, sector-21, punchkula, haryana pin-134109

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 160018004 for Punchkula 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 160018004 of Dena Bank, Punchkula branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Punchkula branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Dena Bank are available with micr code -

>>Punchkula >>Sec 14 Panchkula >>Sec Seventeen Panchkula

MICR code for Dena Bank Punchkula

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 Punchkula 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. 160018004 is the MICR code of Dena Bank for Punchkula branch. MICR code for Punchkula 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 Punchkula is presented in the table alongside.

Use of Dena Bank MICR code for Punchkula branch in panchkula

The MICR code 160018004 is used in RBI cheque clearing process to identify the branch Punchkula 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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