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Dena Bank Deodar Banas Kantha Gujarat MICR CODE

Find MICR Codes for Dena Bank Deodar Banas Kantha Gujarat

MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Deodar
Contact 02735-244473; Deodar@denabank.Co.In
Bank Details Dena Bank Deodar BKDN0140818
Location Deodar, Banas Kantha
City Deodar
District Banas Kantha
State Gujarat
Pincode 385330
Country IN
Address Deodar tehsil at & post.deodar gujarat
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 385018071 for Deodar 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 385018071 of Dena Bank, Deodar branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Deodar 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 -

>>Deodar

MICR code for Dena Bank Deodar

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 Deodar 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. 385018071 is the MICR code of Dena Bank for Deodar branch. MICR code for Deodar 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 Deodar is presented in the table alongside.

Use of Dena Bank MICR code for Deodar branch in deodar

The MICR code 385018071 is used in RBI cheque clearing process to identify the branch Deodar 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.