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Dena Bank Bhatapara Raipur Chhattisgarh MICR CODE

Find MICR Codes for Dena Bank Bhatapara Raipur Chhattisgarh

MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhatapara
Contact 07726-221388;Bhatap@denabank.Co.In
Bank Details Dena Bank Bhatapara BKDN0820609
Location Bhatapara, Raipur
City Bhatapara
District Raipur
State Chhattisgarh
Pincode 493118
Country IN
Address Gandhi mandir road, bhatapara -493 118. Dist. Raipur.
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 493018001 for Bhatapara 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 493018001 of Dena Bank, Bhatapara branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Bhatapara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Dena Bank are available with micr code -

>>Bhatapara

MICR code for Dena Bank Bhatapara

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 Bhatapara 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. 493018001 is the MICR code of Dena Bank for Bhatapara branch. MICR code for Bhatapara 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 Bhatapara is presented in the table alongside.

Use of Dena Bank MICR code for Bhatapara branch in bhatapara

The MICR code 493018001 is used in RBI cheque clearing process to identify the branch Bhatapara 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.