Let Others Know
×
LinkedIn
Email
WhatsApp

Dhanlakshmi Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Dhanlakshmi Bank Chennai Chennai Tamil Nadu

MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chennai Mount Road
Contact 044-28600458, 28603007 Fax : 28600623
Bank Details Dhanlaxmi Bank Ltd Chennai Mount Road DLXB0000054
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 359163
Country IN
Address P.b.no.359 163,om sakthi tower anna salai chennai
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 600048002 for Chennai Mount 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 600048002 of Dhanbank, Chennai Mount Road branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Chennai Mount Road branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Dhanlakshmi Bank Chennai Mount 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 Chennai Mount 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. 600048002 is the MICR code of Dhanlakshmi Bank for Chennai Mount Road branch. MICR code for Chennai Mount 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 Chennai Mount Road is presented in the table alongside.

Use of Dhanbank MICR code for Chennai Mount Road branch in chennai

The MICR code 600048002 is used in RBI cheque clearing process to identify the branch Chennai Mount 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.