Dena Bank Panchkula Panchkula Haryana MICR CODE

Find MICR Codes for Dena Bank Panchkula Panchkula Haryana

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sec 14 Panchkula
Contact
Bank Details Dena Bank Sec 14 Panchkula BKDN0731466
Location Panchkula, Panchkula
City Panchkula
District Panchkula
State Haryana
Pincode 134112
Country IN
Address Sco - 204, sector - 14, part b, panchkula - 134112
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 Sec 14 Panchkula 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, Sec 14 Panchkula branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Sec 14 Panchkula 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 Sec 14 Panchkula

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 Sec 14 Panchkula 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 Sec 14 Panchkula branch. MICR code for Sec 14 Panchkula 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 Sec 14 Panchkula is presented in the table alongside.

Use of Dena Bank MICR code for Sec 14 Panchkula branch in panchkula

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sec 14 Panchkula 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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