Dena Bank Coimbatore Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for Dena Bank Coimbatore Coimbatore Tamil Nadu

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sidhpudur
Contact 0422 2242295 2242296;Sidhap@denabank.Co.In
Bank Details Dena Bank Sidhpudur BKDN0621295
Location Coimbatore, Coimbatore
City Coimbatore
District Coimbatore
State Tamil Nadu
Pincode 641044
Country IN
Address Sidhapudur dhanalaxmi nagar,37, sarojini naidu road,coimbatore,tamil nadu-641044
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 641018003 for Sidhpudur 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 641018003 of Dena Bank, Sidhpudur branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Sidhpudur 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 -

>>Coimbatore >>Sidhpudur

MICR code for Dena Bank Sidhpudur

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 Sidhpudur 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. 641018003 is the MICR code of Dena Bank for Sidhpudur branch. MICR code for Sidhpudur 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 Sidhpudur is presented in the table alongside.

Use of Dena Bank MICR code for Sidhpudur branch in coimbatore

The MICR code 641018003 is used in RBI cheque clearing process to identify the branch Sidhpudur 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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