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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(Junction Plot)
Contact 0281-2442991,Juncti@denabank.Co.In
Bank Details Dena Bank Rajkot(Junction Plot) BKDN0310545
Location Rajkot, Rajkot
City Rajkot
District Rajkot
State Gujarat
Pincode 360001
Country IN
Address Junction plot,rajkot-360001
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 360018007 for Rajkot(Junction Plot) 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 360018007 of Dena Bank, Rajkot(Junction Plot) branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Rajkot(Junction Plot) branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Dena Bank Rajkot(Junction Plot)

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(Junction Plot) 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. 360018007 is the MICR code of Dena Bank for Rajkot(Junction Plot) branch. MICR code for Rajkot(Junction Plot) 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(Junction Plot) is presented in the table alongside.

Use of Dena Bank MICR code for Rajkot(Junction Plot) branch in rajkot

The MICR code 360018007 is used in RBI cheque clearing process to identify the branch Rajkot(Junction Plot) 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.