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Dena Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Dena Bank Bangalore Bangalore Urban Karnataka

MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chamrajnagar
Contact
Bank Details Dena Bank Chamrajnagar BKDN0611478
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 571313
Country IN
Address 1st cross, bujengeswara extension, chamrajnagar – 571313
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 571018352 for Chamrajnagar 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 571018352 of Dena Bank, Chamrajnagar branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Chamrajnagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Dena Bank Chamrajnagar

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 Chamrajnagar 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. 571018352 is the MICR code of Dena Bank for Chamrajnagar branch. MICR code for Chamrajnagar 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 Chamrajnagar is presented in the table alongside.

Use of Dena Bank MICR code for Chamrajnagar branch in bangalore

The MICR code 571018352 is used in RBI cheque clearing process to identify the branch Chamrajnagar 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.