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Dena Bank Ranchi Ranchi Jharkhand MICR CODE

Find MICR Codes for Dena Bank Ranchi Ranchi Jharkhand

MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Doranda
Contact 9534648449,Dorand@denabank.Co.In
Bank Details Dena Bank Doranda BKDN0911266
Location Ranchi, Ranchi
City Ranchi
District Ranchi
State Jharkhand
Pincode 834002
Country IN
Address Sushila niwas, hinoo main road, doranda, ranchi-jharkhand-834002
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 834018003 for Doranda 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 834018003 of Dena Bank, Doranda branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Doranda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Dena Bank are available with micr code -

>>Doranda >>Ranchi

MICR code for Dena Bank Doranda

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 Doranda 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. 834018003 is the MICR code of Dena Bank for Doranda branch. MICR code for Doranda 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 Doranda is presented in the table alongside.

Use of Dena Bank MICR code for Doranda branch in ranchi

The MICR code 834018003 is used in RBI cheque clearing process to identify the branch Doranda 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.