Dena Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Dena Bank Bangalore Bangalore Urban Karnataka

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Retail Asset Branch Bangalore
Contact 080-2346935;Rabban@denabank.Co.In
Bank Details Dena Bank Retail Asset Branch Bangalore BKDN0611232
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560001
Country IN
Address No.110/1, 1st floor, 4 th main ,9th cross,bangalore,karnataka
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 Retail Asset Branch Bangalore 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, Retail Asset Branch Bangalore branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Retail Asset Branch Bangalore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Dena Bank Retail Asset Branch Bangalore

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 Retail Asset Branch Bangalore 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 Retail Asset Branch Bangalore branch. MICR code for Retail Asset Branch Bangalore 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 Retail Asset Branch Bangalore is presented in the table alongside.

Use of Dena Bank MICR code for Retail Asset Branch Bangalore branch in bangalore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Retail Asset Branch Bangalore 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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