Dhanlakshmi Bank Changanassery Kottayam Kerala MICR CODE

Find MICR Codes for Dhanlakshmi Bank Changanassery Kottayam Kerala

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MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Changanacherry
Contact 0481-2420492,2424766
Bank Details Dhanlaxmi Bank Ltd Changanacherry DLXB0000047
Location Changanassery, Kottayam
City Changanassery
District Kottayam
State Kerala
Pincode 686101
Country IN
Address P.b.no:2 kavalam bldg., s.b college road changanacherry, kottayam
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 Changanacherry 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, Changanacherry branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Changanacherry branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Dhanlaxmi Bank Ltd are available with micr code -

>>Changanacherry >>Perunna

MICR code for Dhanlakshmi Bank Changanacherry

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

Use of Dhanbank MICR code for Changanacherry branch in changanassery

The MICR code 0 is used in RBI cheque clearing process to identify the branch Changanacherry 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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