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Dena Bank Durg Durg Chhattisgarh MICR CODE

Find MICR Codes for Dena Bank Durg Durg Chhattisgarh

MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mohan Nagar Durg
Contact 0788-2322896;Mohann@denabank.Co.In
Bank Details Dena Bank Mohan Nagar Durg BKDN0821078
Location Durg, Durg
City Durg
District Durg
State Chhattisgarh
Pincode 491001
Country IN
Address Om parisar road,durg-491 001.
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 491018002 for Mohan Nagar Durg 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 491018002 of Dena Bank, Mohan Nagar Durg branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Mohan Nagar Durg branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Dena Bank are available with micr code -

>>Durg >>Mohan Nagar Durg >>Pulgaon Chowk

MICR code for Dena Bank Mohan Nagar Durg

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 Mohan Nagar Durg 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. 491018002 is the MICR code of Dena Bank for Mohan Nagar Durg branch. MICR code for Mohan Nagar Durg 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 Mohan Nagar Durg is presented in the table alongside.

Use of Dena Bank MICR code for Mohan Nagar Durg branch in durg

The MICR code 491018002 is used in RBI cheque clearing process to identify the branch Mohan Nagar Durg 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.