MICR Code Bank
Find MICR code for Dena Bank Aurangabad branches in India for NEFT and RTGS transfer

Dena Bank Aurangabad MICR CODE

Find MICR Codes for Dena Bank Aurangabad

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  1. Dena Bank »
  2. Maharashtra »
  3. aurangabad »
  4. aurangabad »
  5. aurangabad (juna bazar)

Find MICR Codes for Dena Bank Aurangabad

MICR Code: 431018003
Bank: Dena Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Aurangabad (Juna Bazar)
Contact: 0240-2334182, Junaba@denabank.Co.In
Bank Details: Dena Bank Aurangabad (Juna Bazar) BKDN0510176
Location: Aurangabad, Aurangabad
City: Aurangabad
District: Aurangabad
State: Maharashtra
Pincode: 431001
Country: IN
Address: Juna bazar,sarafa road,aurangabad 431 001

How does MICR code for aurangabad 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 of Dena Bank, aurangabad branch makes the system almost error free and faster. Use of Dena Bank MICR codes for aurangabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Dena Bank are available with micr code

>>Aurangabad (Juna Bazar) >>Aurangabad (Kranti Chowk) >>Beed

MICR code for Dena Bank aurangabad

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 aurangabad 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. is the MICR code of Dena Bank for aurangabad branch. MICR code for aurangabad 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 aurangabad is presented in the table alongside.

Use of Dena Bank MICR code for aurangabad branch in aurangabad

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