Dena Bank Rai Bareli Raebareili Uttar Pradesh MICR CODE

Find MICR Codes for Dena Bank Rai Bareli Raebareili Uttar Pradesh

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rai Bareily
Contact 0535-2204450; Raebar@denabank.Co.In
Bank Details Dena Bank Rai Bareily BKDN0720466
Location Rai Bareli, Raebareili
City Rai Bareli
District Raebareili
State Uttar Pradesh
Pincode 229316
Country IN
Address Vilayat alikhan bldg,kapar ganj,kapar ganj
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 Rai Bareily 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, Rai Bareily branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Rai Bareily 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 -

>>Rai Bareily

MICR code for Dena Bank Rai Bareily

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 Rai Bareily 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 Rai Bareily branch. MICR code for Rai Bareily 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 Rai Bareily is presented in the table alongside.

Use of Dena Bank MICR code for Rai Bareily branch in rai bareli

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rai Bareily 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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