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Dena Bank Chhattisgarh Bilaspur Chhattisgarh MICR CODE

Find MICR Codes for Dena Bank Chhattisgarh Bilaspur Chhattisgarh

MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vyapar Vihar
Contact 07752 247797;Vyapar@denabank.Co.In
Bank Details Dena Bank Vyapar Vihar BKDN0821296
Location Chhattisgarh, Bilaspur
City Chhattisgarh
District Bilaspur
State Chhattisgarh
Pincode 495001
Country IN
Address Anushthan, opp priyadasrshini nagar, vyapar vihar road, bilaspur, chhattisgarh-495001
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 495018003 for Vyapar Vihar 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 495018003 of Dena Bank, Vyapar Vihar branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Vyapar Vihar 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 -

>>Vyapar Vihar

MICR code for Dena Bank Vyapar Vihar

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 Vyapar Vihar 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. 495018003 is the MICR code of Dena Bank for Vyapar Vihar branch. MICR code for Vyapar Vihar 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 Vyapar Vihar is presented in the table alongside.

Use of Dena Bank MICR code for Vyapar Vihar branch in chhattisgarh

The MICR code 495018003 is used in RBI cheque clearing process to identify the branch Vyapar Vihar 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.