Dena Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for Dena Bank Thane Thane Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	400018118
Bank	Dena Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ghodbunder
Contact	022-27741904/27741905;Ghodbu@denabank.Co.In
Bank Details	Dena Bank Ghodbunder BKDN0471203

Location	Thane, Thane
City	Thane
District	Thane
State	Maharashtra
Pincode	400601
Country	IN
Address	Shop no.2,3,3a,charanamrut coop hsg society, near suraj water park, thane-400601

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 400018118 for Ghodbunder 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 400018118 of Dena Bank, Ghodbunder branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Ghodbunder 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 -

>>Ase >>Ghodbunder >>Thane >>Thane (Shree Nagar)

MICR code for Dena Bank Ghodbunder

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 Ghodbunder 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. 400018118 is the MICR code of Dena Bank for Ghodbunder branch. MICR code for Ghodbunder 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 Ghodbunder is presented in the table alongside.

Use of Dena Bank MICR code for Ghodbunder branch in thane

The MICR code 400018118 is used in RBI cheque clearing process to identify the branch Ghodbunder 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.

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