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Dena Bank Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for Dena Bank Bhopal Bhopal Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	462018007
Bank	Dena Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Arera Colony Bhopal
Contact	9826617173;Arerac@denabank.Co.In
Bank Details	Dena Bank Arera Colony Bhopal BKDN0811184

Location	Bhopal, Bhopal
City	Bhopal
District	Bhopal
State	Madhya Pradesh
Pincode	462016
Country	IN
Address	E-8/1,railway society,near 12 no. Bus stop,arera colony,bhopal

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 462018007 for Arera Colony Bhopal 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 462018007 of Dena Bank, Arera Colony Bhopal branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Arera Colony Bhopal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Dena Bank are available with micr code -

>>Arera Colony Bhopal >>Bhopal Hamidia Road >>Bhopal Tt Nagar >>Bhopal(Azad Market) >>Bhopal(M.P.Nagar) >>Bijasan >>Koh E Fiza Madhya Pradesh >>Kolar >>Retail Asset Branch Bhopal >>Singroli

MICR code for Dena Bank Arera Colony Bhopal

Dena Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dena Bank MICR code for Arera Colony Bhopal 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. 462018007 is the MICR code of Dena Bank for Arera Colony Bhopal branch. MICR code for Arera Colony Bhopal 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 Dena Bank Arera Colony Bhopal is presented in the table alongside.

Use of Dena Bank MICR code for Arera Colony Bhopal branch in bhopal

The MICR code 462018007 is used in RBI cheque clearing process to identify the branch Arera Colony Bhopal and Dena Bank 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 Dena Bank is typically in either of these two font’s: E-138 and CMC-7.