Dena Bank Rajkot Rajkot Gujarat MICR CODE

Find MICR Codes for Dena Bank Rajkot Rajkot Gujarat

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajkot (Para Bazar)
Contact 0281-2220887/2223800 ; Paraba@denabank.Co.In
Bank Details Dena Bank Rajkot (Para Bazar) BKDN0310030
Location Rajkot, Rajkot
City Rajkot
District Rajkot
State Gujarat
Pincode 360001
Country IN
Address Para bazar,rajkot-360 001,gujarat
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 360018002 for Rajkot (Para Bazar) 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 360018002 of Dena Bank, Rajkot (Para Bazar) branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Rajkot (Para Bazar) branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Dena Bank Rajkot (Para Bazar)

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 Rajkot (Para Bazar) 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. 360018002 is the MICR code of Dena Bank for Rajkot (Para Bazar) branch. MICR code for Rajkot (Para Bazar) 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 Rajkot (Para Bazar) is presented in the table alongside.

Use of Dena Bank MICR code for Rajkot (Para Bazar) branch in rajkot

The MICR code 360018002 is used in RBI cheque clearing process to identify the branch Rajkot (Para Bazar) 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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