Dena Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for Dena Bank Thane Thane Maharashtra

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MICR Code	400018094
Bank	Dena Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Thane (Shree Nagar)
Contact	022-25822088/25830732,Thane@denabank.Co.In
Bank Details	Dena Bank Thane (Shree Nagar) BKDN0471072

Location	Thane, Thane
City	Thane
District	Thane
State	Maharashtra
Pincode	400604
Country	IN
Address	Shree nagar,bldg no.a.13/1,sector 4,near tata fision,thane-400 604.

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 400018094 for Thane (Shree Nagar) 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 400018094 of Dena Bank, Thane (Shree Nagar) branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Thane (Shree Nagar) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Dena Bank are available with micr code -

>>Ase >>Ghodbunder >>Thane >>Thane (Shree Nagar)

MICR code for Dena Bank Thane (Shree Nagar)

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 Thane (Shree Nagar) 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. 400018094 is the MICR code of Dena Bank for Thane (Shree Nagar) branch. MICR code for Thane (Shree Nagar) 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 Thane (Shree Nagar) is presented in the table alongside.

Use of Dena Bank MICR code for Thane (Shree Nagar) branch in thane

The MICR code 400018094 is used in RBI cheque clearing process to identify the branch Thane (Shree Nagar) 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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