Dhanlakshmi Bank Hyderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for Dhanlakshmi Bank Hyderabad Hyderabad Urban Andhra Pradesh

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MICR Code	500048003
Bank	Dhanlaxmi Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Banjara Hills Hyd.
Contact	040-040-23545037/5039 Fax : 23545038
Bank Details	Dhanlaxmi Bank Ltd Banjara Hills Hyd. DLXB0000167

Location	Hyderabad, Hyderabad Urban
City	Hyderabad
District	Hyderabad Urban
State	Andhra Pradesh
Pincode	500034
Country	IN
Address	Trend towers, gr floor 8-2-289/10, road no.2 , banjara hills, hyderabad, andhra pradesh

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 500048003 for Banjara Hills Hyd. 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 500048003 of Dhanbank, Banjara Hills Hyd. branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Banjara Hills Hyd. branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Dhanlaxmi Bank Ltd are available with micr code -

>>Banjara Hills Hyd. >>Hyderabs Abids >>Kukatpally

MICR code for Dhanlakshmi Bank Banjara Hills Hyd.

Dhanlakshmi Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dhanbank MICR code for Banjara Hills Hyd. 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. 500048003 is the MICR code of Dhanlakshmi Bank for Banjara Hills Hyd. branch. MICR code for Banjara Hills Hyd. 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 Banjara Hills Hyd. is presented in the table alongside.

Use of Dhanbank MICR code for Banjara Hills Hyd. branch in hyderabad

The MICR code 500048003 is used in RBI cheque clearing process to identify the branch Banjara Hills Hyd. 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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