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Dena Bank Amravati Amravati Maharashtra MICR CODE

Find MICR Codes for Dena Bank Amravati Amravati Maharashtra

MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chandur Bazar Amravati
Contact 07227-24311;Chandu@denabank.Co.In
Bank Details Dena Bank Chandur Bazar Amravati BKDN0521211
Location Amravati, Amravati
City Amravati
District Amravati
State Maharashtra
Pincode 444704
Country IN
Address Krisharpan complex, main road, chandur bazar, dist amaravati-444704
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 0 for Chandur Bazar Amravati 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 0 of Dena Bank, Chandur Bazar Amravati branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Chandur Bazar Amravati branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Dena Bank are available with micr code -

>>Amravati >>Amravati Camp >>Chandur Bazar Amravati >>Midc Amrawati

MICR code for Dena Bank Chandur Bazar Amravati

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 Chandur Bazar Amravati 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. 0 is the MICR code of Dena Bank for Chandur Bazar Amravati branch. MICR code for Chandur Bazar Amravati 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 Chandur Bazar Amravati is presented in the table alongside.

Use of Dena Bank MICR code for Chandur Bazar Amravati branch in amravati

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chandur Bazar Amravati 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.