MICR Code Bank
Find MICR code for Dena Bank Rajkot branches in India for NEFT and RTGS transfer

Dena Bank Rajkot MICR CODE

Find MICR Codes for Dena Bank Rajkot

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  1. Dena Bank »
  2. Gujarat »
  3. rajkot »
  4. rajkot »
  5. rajkot (race course road)

Find MICR Codes for Dena Bank Rajkot

MICR Code: 360018008
Bank: Dena Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Rajkot (Race Course Road)
Contact: 0281-2442208,Raceco@denabank.Co.In
Bank Details: Dena Bank Rajkot (Race Course Road) BKDN0310931
Location: Rajkot, Rajkot
City: Rajkot
District: Rajkot
State: Gujarat
Pincode: 360001
Country: IN
Address: Race course road,kisanpara chowk,rajkot - 360 001

How does MICR code for rajkot 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 of Dena Bank, rajkot branch makes the system almost error free and faster. Use of Dena Bank MICR codes for rajkot branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Dena Bank rajkot

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

Use of Dena Bank MICR code for rajkot branch in rajkot

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