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Dena Bank Rajkot Rajkot Gujarat MICR CODE

Find MICR Codes for Dena Bank Rajkot Rajkot Gujarat

MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajkot(Canal Road)
Contact 0281-2228412
Bank Details Dena Bank Rajkot(Canal Road) BKDN0310196
Location Rajkot, Rajkot
City Rajkot
District Rajkot
State Gujarat
Pincode 360002
Country IN
Address Canal road, rajkot-360002,gujarat
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 360018004 for Rajkot(Canal Road) 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 360018004 of Dena Bank, Rajkot(Canal Road) branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Rajkot(Canal Road) branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Dena Bank Rajkot(Canal Road)

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 Rajkot(Canal Road) 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. 360018004 is the MICR code of Dena Bank for Rajkot(Canal Road) branch. MICR code for Rajkot(Canal Road) 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 Rajkot(Canal Road) is presented in the table alongside.

Use of Dena Bank MICR code for Rajkot(Canal Road) branch in rajkot

The MICR code 360018004 is used in RBI cheque clearing process to identify the branch Rajkot(Canal Road) 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.