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Dhanlakshmi Bank Kollengode I Palakkad Kerala MICR CODE

Find MICR Codes for Dhanlakshmi Bank Kollengode I Palakkad Kerala

MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kollangode
Contact 0492 3262326
Bank Details Dhanlaxmi Bank Ltd Kollangode DLXB0000156
Location Kollengode I, Palakkad
City Kollengode I
District Palakkad
State Kerala
Pincode 678506
Country IN
Address Vasantha complex, kollengode palakkad dist. Kerala state, 678506
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.

Search Dhanlakshmi Bank MICR Codes in palakkad

You can search through MICR Codes of Kerala branches in kollengode i of District palakkad in Kerala State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Kollangode

How to find MICR codes for Dhanlakshmi Bank in kollengode i?

Dhanlakshmi Bank kollengode i MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Dhanbank MICR codes list for kollengode i, one can further search by branch name specified in the table. You can find MICR codes for all Dhanlakshmi Bank kollengode i branches.

Dhanbank MICR code in kollengode i

Dhanlakshmi Bank MICR code is a character recognition technology used by banks in the processing of cheques. Dhanbank MICR code for kollengode i branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Dhanlakshmi Bank branches in kollengode i, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Dhanlakshmi Bank MICR code for kollengode i branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Dhanlakshmi Bank kollengode i branch, sprinted 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. Thus MICR code for Dhanbank kollengode i branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Dhanlakshmi Bank MICR codes for kollengode i branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!