Dena Bank Kotda Sangani Rajkot Gujarat MICR CODE

Find MICR Codes for Dena Bank Kotda Sangani Rajkot Gujarat

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shapar(Veraval)
Contact 8469370977
Bank Details Dena Bank Shapar(Veraval) BKDN0311497
Location Kotda Sangani, Rajkot
City Kotda Sangani
District Rajkot
State Gujarat
Pincode 360024
Country IN
Address Ground floor , plot no-6, survey no – 28 and 298, ravi kiran marg no-1, behind shapar(veraval) bus stand, shapar veraval, distt: rajkot, pin:  360024
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 Shapar(Veraval) 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, Shapar(Veraval) branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Shapar(Veraval) 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 -

>>Shapar(Veraval)

MICR code for Dena Bank Shapar(Veraval)

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 Shapar(Veraval) 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 Shapar(Veraval) branch. MICR code for Shapar(Veraval) 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 Shapar(Veraval) is presented in the table alongside.

Use of Dena Bank MICR code for Shapar(Veraval) branch in kotda sangani

The MICR code 0 is used in RBI cheque clearing process to identify the branch Shapar(Veraval) 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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