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Dena Bank Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for Dena Bank Ahmedabad Ahmedabad Gujarat

MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Meghaninagar
Contact 079-22681135;Meghan@denabank.Co.In
Bank Details Dena Bank Meghaninagar BKDN0110621
Location Ahmedabad, Ahmedabad
City Ahmedabad
District Ahmedabad
State Gujarat
Pincode 380016
Country IN
Address Bldg.no.141/5-6-7 gujarat hsg. Board colony ahmedabad
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 380018024 for Meghaninagar 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 380018024 of Dena Bank, Meghaninagar branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Meghaninagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Dena Bank Meghaninagar

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 Meghaninagar 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. 380018024 is the MICR code of Dena Bank for Meghaninagar branch. MICR code for Meghaninagar 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 Meghaninagar is presented in the table alongside.

Use of Dena Bank MICR code for Meghaninagar branch in ahmedabad

The MICR code 380018024 is used in RBI cheque clearing process to identify the branch Meghaninagar 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.