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Dena Bank Indore Indore Madhya Pradesh MICR CODE

Find MICR Codes for Dena Bank Indore Indore Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	452018003
Bank	Dena Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Indore (Jail Road)
Contact	0731-2539162,2541183; Jailro@denabank.Co.In
Bank Details	Dena Bank Indore (Jail Road) BKDN0810592

Location	Indore, Indore
City	Indore
District	Indore
State	Madhya Pradesh
Pincode	452003
Country	IN
Address	17, jail road,sonarwada,indore,madhya pradesh-452003

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 452018003 for Indore (Jail Road) 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 452018003 of Dena Bank, Indore (Jail Road) branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Indore (Jail Road) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Dena Bank are available with micr code -

>>Cbb Indore >>Futhi Kothi Indore >>Indore (Jail Road) >>Indore (Navalakha) >>Indore (Sanwer Road) >>Indore (Sitlamata Road) >>Indore (Siyaganj) >>Indore(Palasia) >>Pithampur

MICR code for Dena Bank Indore (Jail Road)

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 Indore (Jail Road) 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. 452018003 is the MICR code of Dena Bank for Indore (Jail Road) branch. MICR code for Indore (Jail Road) 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 Indore (Jail Road) is presented in the table alongside.

Use of Dena Bank MICR code for Indore (Jail Road) branch in indore

The MICR code 452018003 is used in RBI cheque clearing process to identify the branch Indore (Jail Road) 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.