MICR Code Bank
Find MICR code for Dena Bank Hyderabad branches in India for NEFT and RTGS transfer

Dena Bank Hyderabad MICR CODE

Find MICR Codes for Dena Bank Hyderabad

Selected Bank + -

  

Selected State + -

  

Selected District + -

  

Selected City + -

  

Selected Branch + -

  
  1. Dena Bank »
  2. Andhra Pradesh »
  3. hyderabad urban »
  4. hyderabad »
  5. hyderabad (saroornagar)

Find MICR Codes for Dena Bank Hyderabad

MICR Code: 500018008
Bank: Dena Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Hyderabad (Saroornagar)
Contact: 040-24045591;Saroor@denabank.Co.In
Bank Details: Dena Bank Hyderabad (Saroornagar) BKDN0610410
Location: Hyderabad, Hyderabad Urban
City: Hyderabad
District: Hyderabad Urban
State: Andhra Pradesh
Pincode: 500035
Country: IN
Address: Saroornagar,ranga reddy,hyderabad-500035

How does MICR code for hyderabad 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 of Dena Bank, hyderabad branch makes the system almost error free and faster. Use of Dena Bank MICR codes for hyderabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Dena Bank hyderabad

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

Use of Dena Bank MICR code for hyderabad branch in hyderabad

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