Dhanlakshmi Bank Chittumala Kollam Kerala MICR CODE

Find MICR Codes for Dhanlakshmi Bank Chittumala Kollam Kerala

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MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chittumala
Contact 0474 2522585,
Bank Details Dhanlaxmi Bank Ltd Chittumala DLXB0000104
Location Chittumala, Kollam
City Chittumala
District Kollam
State Kerala
Pincode 691502
Country IN
Address 1v/406 kollam-kallada road mulavana p o kollam dist
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 Chittumala 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, Chittumala branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Chittumala branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Dhanlaxmi Bank Ltd are available with micr code -

>>Chittumala

MICR code for Dhanlakshmi Bank Chittumala

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

Use of Dhanbank MICR code for Chittumala branch in chittumala

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