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Dhanlakshmi Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Dhanlakshmi Bank Chennai Chennai Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	600048007
Bank	Dhanlaxmi Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chennai Ashok Nagar
Contact	044-24743372, 24743374
Bank Details	Dhanlaxmi Bank Ltd Chennai Ashok Nagar DLXB0000178

Location	Chennai, Chennai
City	Chennai
District	Chennai
State	Tamil Nadu
Pincode	600083
Country	IN
Address	"sri gowtham" new no.5,old no.3 1st avenue, ashok nagar, chennai

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 600048007 for Chennai Ashok Nagar 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 600048007 of Dhanbank, Chennai Ashok Nagar branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Chennai Ashok Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Dhanlaxmi Bank Ltd are available with micr code -

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MICR code for Dhanlakshmi Bank Chennai Ashok Nagar

Dhanlakshmi Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dhanbank MICR code for Chennai Ashok Nagar 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. 600048007 is the MICR code of Dhanlakshmi Bank for Chennai Ashok Nagar branch. MICR code for Chennai Ashok Nagar 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 Dhanbank Chennai Ashok Nagar is presented in the table alongside.

Use of Dhanbank MICR code for Chennai Ashok Nagar branch in chennai

The MICR code 600048007 is used in RBI cheque clearing process to identify the branch Chennai Ashok Nagar and Dhanbank 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 Dhanlakshmi Bank is typically in either of these two font’s: E-138 and CMC-7.