Dhanlakshmi Bank New Bombay Thane Maharashtra MICR CODE

Find MICR Codes for Dhanlakshmi Bank New Bombay Thane Maharashtra

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MICR Code	400048006
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	Mumbai Vashi.
Contact	022-27870033
Bank Details	Dhanlaxmi Bank Ltd Mumbai Vashi. DLXB0000174

Location	New Bombay, Thane
City	New Bombay
District	Thane
State	Maharashtra
Pincode	400703
Country	IN
Address	Plot no.1 c, nishant millennium , sector 28, vashi navi, mumbai-400703.

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 400048006 for Mumbai Vashi. 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 400048006 of Dhanbank, Mumbai Vashi. branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Mumbai Vashi. 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 -

>>Mumbai Vashi.

MICR code for Dhanlakshmi Bank Mumbai Vashi.

Dhanlakshmi Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dhanbank MICR code for Mumbai Vashi. 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. 400048006 is the MICR code of Dhanlakshmi Bank for Mumbai Vashi. branch. MICR code for Mumbai Vashi. 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 Mumbai Vashi. is presented in the table alongside.

Use of Dhanbank MICR code for Mumbai Vashi. branch in new bombay

The MICR code 400048006 is used in RBI cheque clearing process to identify the branch Mumbai Vashi. 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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