Dena Bank Halol Panchmahals Gujarat MICR CODE

Find MICR Codes for Dena Bank Halol Panchmahals Gujarat

MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pawagadh
Contact 02676-245644;Pawag@denabank.Co.In
Bank Details Dena Bank Pawagadh BKDN0211221
Location Halol, Panchmahals
City Halol
District Panchmahals
State Gujarat
Pincode 389360
Country IN
Address Pawagadh, jain digamber mandir, halol, vadodara
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 0 for Pawagadh 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 0 of Dena Bank, Pawagadh branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Pawagadh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Dena Bank are available with micr code -

>>Halol >>Pawagadh

MICR code for Dena Bank Pawagadh

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 Pawagadh 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. 0 is the MICR code of Dena Bank for Pawagadh branch. MICR code for Pawagadh 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 Pawagadh is presented in the table alongside.

Use of Dena Bank MICR code for Pawagadh branch in halol

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pawagadh 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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