Dena Bank Budge Budge South 24 Parganas West Bengal MICR CODE

Find MICR Codes for Dena Bank Budge Budge South 24 Parganas West Bengal

MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kolkota (Budge Budge)
Contact 033-24705108, 24701566, Budgeb@denabank.Co.In
Bank Details Dena Bank Kolkota (Budge Budge) BKDN0910836
Location Budge Budge, South 24 Parganas
City Budge Budge
District South 24 Parganas
State West Bengal
Pincode 700137
Country IN
Address 525, mahatma gandhi road, budge budge, south 24 parganas, west bengal
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 700018020 for Kolkota (Budge Budge) 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 700018020 of Dena Bank, Kolkota (Budge Budge) branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Kolkota (Budge Budge) 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 -

>>Kolkota (Budge Budge)

MICR code for Dena Bank Kolkota (Budge Budge)

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 Kolkota (Budge Budge) 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. 700018020 is the MICR code of Dena Bank for Kolkota (Budge Budge) branch. MICR code for Kolkota (Budge Budge) 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 Kolkota (Budge Budge) is presented in the table alongside.

Use of Dena Bank MICR code for Kolkota (Budge Budge) branch in budge budge

The MICR code 700018020 is used in RBI cheque clearing process to identify the branch Kolkota (Budge Budge) 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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