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Dena Bank Raipur Raipur Chhattisgarh MICR CODE

Find MICR Codes for Dena Bank Raipur Raipur Chhattisgarh

MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Awanti Vihar
Contact 9424205855;Avanti@denabank.Co.In
Bank Details Dena Bank Awanti Vihar BKDN0821326
Location Raipur, Raipur
City Raipur
District Raipur
State Chhattisgarh
Pincode 492007
Country IN
Address Davara complex, geetanjali nagar, raipur, chhattisgarh - 492007
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 492018010 for Awanti Vihar 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 492018010 of Dena Bank, Awanti Vihar branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Awanti Vihar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Dena Bank are available with micr code -

>>Awanti Vihar >>Durga College >>Katora Talab >>Pachpedi Naka >>Raipur(Gudiari) >>Raipur(Jawahar Nagar) >>Ramgarh >>Rohnipuram >>Sunder Nagar

MICR code for Dena Bank Awanti Vihar

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 Awanti Vihar 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. 492018010 is the MICR code of Dena Bank for Awanti Vihar branch. MICR code for Awanti Vihar 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 Awanti Vihar is presented in the table alongside.

Use of Dena Bank MICR code for Awanti Vihar branch in raipur

The MICR code 492018010 is used in RBI cheque clearing process to identify the branch Awanti Vihar 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.