Dena Bank Kakinada East Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Dena Bank Kakinada East Godavari Andhra Pradesh

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ramanayyapeta
Contact
Bank Details Dena Bank Ramanayyapeta BKDN0611480
Location Kakinada, East Godavari
City Kakinada
District East Godavari
State Andhra Pradesh
Pincode 533005
Country IN
Address D.no. 4-322, gaigolupadu center,sarpavaram road,ramanayya peta,kakinada-533005
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 533018003 for Ramanayyapeta 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 533018003 of Dena Bank, Ramanayyapeta branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Ramanayyapeta branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Dena Bank are available with micr code -

>>Kakinada >>Ramanayyapeta

MICR code for Dena Bank Ramanayyapeta

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 Ramanayyapeta 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. 533018003 is the MICR code of Dena Bank for Ramanayyapeta branch. MICR code for Ramanayyapeta 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 Ramanayyapeta is presented in the table alongside.

Use of Dena Bank MICR code for Ramanayyapeta branch in kakinada

The MICR code 533018003 is used in RBI cheque clearing process to identify the branch Ramanayyapeta 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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