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Dhanlakshmi Bank Mangalore Dakshina Kannada Karnataka MICR CODE

Find MICR Codes for Dhanlakshmi Bank Mangalore Dakshina Kannada Karnataka

MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mangalore
Contact 0824-2497730,2497731
Bank Details Dhanlaxmi Bank Ltd Mangalore DLXB0000070
Location Mangalore, Dakshina Kannada
City Mangalore
District Dakshina Kannada
State Karnataka
Pincode 575001
Country IN
Address Dhinda chambers,ground floor,no.5-5-301/3 m g road,opp:s d m law collage,mangalore
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 575048002 for Mangalore 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 575048002 of Dhanbank, Mangalore branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Mangalore 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 -

>>Mangalore

MICR code for Dhanlakshmi Bank Mangalore

Dhanlakshmi Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dhanbank MICR code for Mangalore 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. 575048002 is the MICR code of Dhanlakshmi Bank for Mangalore branch. MICR code for Mangalore 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 Mangalore is presented in the table alongside.

Use of Dhanbank MICR code for Mangalore branch in mangalore

The MICR code 575048002 is used in RBI cheque clearing process to identify the branch Mangalore 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.