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Dhanlakshmi Bank Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Dhanlakshmi Bank Vadodara Vadodara Gujarat

MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vadodara
Contact 9825107656
Bank Details Dhanlaxmi Bank Ltd Vadodara DLXB0000213
Location Vadodara, Vadodara
City Vadodara
District Vadodara
State Gujarat
Pincode 390007
Country IN
Address Shine plaza, opp. Pasabhai park, near natubhai circle, race course road, vadodara, gujarat - 390 007
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 390048002 for Vadodara 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 390048002 of Dhanbank, Vadodara branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Vadodara 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 -

>>Vadodara

MICR code for Dhanlakshmi Bank Vadodara

Dhanlakshmi Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dhanbank MICR code for Vadodara 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. 390048002 is the MICR code of Dhanlakshmi Bank for Vadodara branch. MICR code for Vadodara 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 Vadodara is presented in the table alongside.

Use of Dhanbank MICR code for Vadodara branch in vadodara

The MICR code 390048002 is used in RBI cheque clearing process to identify the branch Vadodara 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.