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Dhanlakshmi Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Dhanlakshmi Bank Bangalore Bangalore Urban Karnataka

MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bangloore Dickenson Road
Contact 080-5587492, 5550724 Fax : 5597351
Bank Details Dhanlaxmi Bank Ltd Bangloore Dickenson Road DLXB0000069
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560042
Country IN
Address P.b.no.4214 no.9,dickenson road, bangalore
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 560048002 for Bangloore Dickenson Road 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 560048002 of Dhanbank, Bangloore Dickenson Road branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Bangloore Dickenson Road branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Dhanlakshmi Bank Bangloore Dickenson Road

Dhanlakshmi Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dhanbank MICR code for Bangloore Dickenson Road 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. 560048002 is the MICR code of Dhanlakshmi Bank for Bangloore Dickenson Road branch. MICR code for Bangloore Dickenson Road 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 Bangloore Dickenson Road is presented in the table alongside.

Use of Dhanbank MICR code for Bangloore Dickenson Road branch in bangalore

The MICR code 560048002 is used in RBI cheque clearing process to identify the branch Bangloore Dickenson Road 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.