Dhanlakshmi Bank Bhandara Bhandara Maharashtra MICR CODE

Find MICR Codes for Dhanlakshmi Bank Bhandara Bhandara Maharashtra

MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bandra
Contact 9619490204
Bank Details Dhanlaxmi Bank Ltd Bandra DLXB0000230
Location Bhandara, Bhandara
City Bhandara
District Bhandara
State Maharashtra
Pincode 400050
Country IN
Address Ground floor, grand bellevista, opp.bandra talao, s.v.road, bandra (west), mumbai-400050.
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.

Search Dhanlakshmi Bank MICR Codes in bhandara

You can search through MICR Codes of Maharashtra branches in bhandara of District bhandara in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Dhanlaxmi Bank Ltd are available with micr code -

>>Bandra

How to find MICR codes for Dhanlakshmi Bank in bhandara?

Dhanlakshmi Bank bhandara MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Dhanbank MICR codes list for bhandara, one can further search by branch name specified in the table. You can find MICR codes for all Dhanlakshmi Bank bhandara branches.

Dhanbank MICR code in bhandara

Dhanlakshmi Bank MICR code is a character recognition technology used by banks in the processing of cheques. Dhanbank MICR code for bhandara branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Dhanlakshmi Bank branches in bhandara, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Dhanlakshmi Bank MICR code for bhandara branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Dhanlakshmi Bank bhandara branch, sprinted 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. Thus MICR code for Dhanbank bhandara branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Dhanlakshmi Bank MICR codes for bhandara branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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