Dena Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Dena Bank Nagpur Nagpur Maharashtra

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Wardhaman Nagar
Contact
Bank Details Dena Bank Wardhaman Nagar BKDN0521467
Location Nagpur, Nagpur
City Nagpur
District Nagpur
State Maharashtra
Pincode 440008
Country IN
Address Wardhman nagar branch, plot 18, telephone exchange chowk,nagpur-440008
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 440018007 for Wardhaman 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 440018007 of Dena Bank, Wardhaman Nagar branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Wardhaman Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Dena Bank are available with micr code -

>>Cbb Nagpur >>Dharampeth >>Gopal Nagar >>Khaparkheda >>Nagpur (Itwari) >>Nagpur Civil Lines >>Sitabuldi >>Wardhaman Nagar

MICR code for Dena Bank Wardhaman 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 Wardhaman 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. 440018007 is the MICR code of Dena Bank for Wardhaman Nagar branch. MICR code for Wardhaman 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 Wardhaman Nagar is presented in the table alongside.

Use of Dena Bank MICR code for Wardhaman Nagar branch in nagpur

The MICR code 440018007 is used in RBI cheque clearing process to identify the branch Wardhaman 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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