Dhanlakshmi Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Dhanlakshmi Bank Mumbai Mumbai Maharashtra

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MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Cbd Belapur
Contact 9619490120
Bank Details Dhanlaxmi Bank Ltd Cbd Belapur DLXB0000200
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400614
Country IN
Address Ground floor, warden house, plot no. 65, sector 11, cbd belapur, navi mumbai, maharashtra - 400 614.
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 400048009 for Cbd Belapur 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 400048009 of Dhanbank, Cbd Belapur branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Cbd Belapur 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 -

>>Borivli >>Cbd Belapur >>Mumbai Central

MICR code for Dhanlakshmi Bank Cbd Belapur

Dhanlakshmi Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dhanbank MICR code for Cbd Belapur 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. 400048009 is the MICR code of Dhanlakshmi Bank for Cbd Belapur branch. MICR code for Cbd Belapur 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 Cbd Belapur is presented in the table alongside.

Use of Dhanbank MICR code for Cbd Belapur branch in mumbai

The MICR code 400048009 is used in RBI cheque clearing process to identify the branch Cbd Belapur 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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