Dhanlakshmi Bank Thalassery Kannur Kerala MICR CODE

Find MICR Codes for Dhanlakshmi Bank Thalassery Kannur Kerala

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MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thalassery
Contact 0490 2341203,
Bank Details Dhanlaxmi Bank Ltd Thalassery DLXB0000128
Location Thalassery, Kannur
City Thalassery
District Kannur
State Kerala
Pincode 670101
Country IN
Address 1st floor,hopes shopping complex,7/154 logans road thalassery kannur
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 Thalassery 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, Thalassery branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Thalassery 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 -

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MICR code for Dhanlakshmi Bank Thalassery

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

Use of Dhanbank MICR code for Thalassery branch in thalassery

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