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Dena Bank Kollam Kollam Kerala MICR CODE

Find MICR Codes for Dena Bank Kollam Kollam Kerala

Bank
State
District
City
Branch
Address

MICR Code	691018001
Bank	Dena Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Quilon
Contact	0474-2742631;Quilon@denabank.Co.In
Bank Details	Dena Bank Quilon BKDN0620688

Location	Kollam, Kollam
City	Kollam
District	Kollam
State	Kerala
Pincode	691001
Country	IN
Address	Shines complex, chamakkada, hospital road, quilon-691 001

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 691018001 for Quilon 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 691018001 of Dena Bank, Quilon branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Quilon 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 -

>>Quilon

MICR code for Dena Bank Quilon

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 Quilon 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. 691018001 is the MICR code of Dena Bank for Quilon branch. MICR code for Quilon 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 Quilon is presented in the table alongside.

Use of Dena Bank MICR code for Quilon branch in kollam

The MICR code 691018001 is used in RBI cheque clearing process to identify the branch Quilon 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.