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Dena Bank Panaji North Goa Goa MICR CODE

Find MICR Codes for Dena Bank Panaji North Goa Goa

Bank
State
District
City
Branch
Address

MICR Code	403018017
Bank	Dena Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vasco Da Gama (Goa)
Contact	(0832)-2512552/2512187 Vasco@denabank.Co.In
Bank Details	Dena Bank Vasco Da Gama (Goa) BKDN0470614

Location	Panaji, North Goa
City	Panaji
District	North Goa
State	Goa
Pincode	403802
Country	IN
Address	Parrkot house,main double road,vascodagama-403802

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 403018017 for Vasco Da Gama (Goa) 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 403018017 of Dena Bank, Vasco Da Gama (Goa) branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Vasco Da Gama (Goa) 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 -

>>Panaji(Goa) >>Vasco Da Gama (Goa)

MICR code for Dena Bank Vasco Da Gama (Goa)

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 Vasco Da Gama (Goa) 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. 403018017 is the MICR code of Dena Bank for Vasco Da Gama (Goa) branch. MICR code for Vasco Da Gama (Goa) 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 Vasco Da Gama (Goa) is presented in the table alongside.

Use of Dena Bank MICR code for Vasco Da Gama (Goa) branch in panaji

The MICR code 403018017 is used in RBI cheque clearing process to identify the branch Vasco Da Gama (Goa) 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.