Dhanlakshmi Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Dhanlakshmi Bank Chennai Chennai Tamil Nadu

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MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Amrita Institute Of Computer Technology Chennai
Contact 044-23764032
Bank Details Dhanlaxmi Bank Ltd Amrita Institute Of Computer Technology Chennai DLXB0000251
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 690093
Country IN
Address Amrita institute of computer technology, 134, arcot road, virugambakkam, chennai, 690 093
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 Amrita Institute Of Computer Technology Chennai 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 Dhanbank, Amrita Institute Of Computer Technology Chennai branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Amrita Institute Of Computer Technology Chennai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Dhanlakshmi Bank Amrita Institute Of Computer Technology Chennai

Dhanlakshmi Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dhanbank MICR code for Amrita Institute Of Computer Technology Chennai 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 Dhanlakshmi Bank for Amrita Institute Of Computer Technology Chennai branch. MICR code for Amrita Institute Of Computer Technology Chennai 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 Dhanbank Amrita Institute Of Computer Technology Chennai is presented in the table alongside.

Use of Dhanbank MICR code for Amrita Institute Of Computer Technology Chennai branch in chennai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Amrita Institute Of Computer Technology Chennai and Dhanbank 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 Dhanlakshmi Bank is typically in either of these two font’s: E-138 and CMC-7.

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