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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	600048001
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 Service Br.
Contact	044 28600931 / 044 28601271
Bank Details	Dhanlaxmi Bank Ltd Chennai Service Br. DLXB0000141

Location	Chennai, Chennai
City	Chennai
District	Chennai
State	Tamil Nadu
Pincode	600002
Country	IN
Address	The dhanalakshmi bank ltd., service branch, chennai, no:163, om sakthi towers, anna salai, chennai - 600002

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 600048001 for Chennai Service Br. 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 600048001 of Dhanbank, Chennai Service Br. branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Chennai Service Br. 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 Service Br.

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 Service Br. 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. 600048001 is the MICR code of Dhanlakshmi Bank for Chennai Service Br. branch. MICR code for Chennai Service Br. 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 Service Br. is presented in the table alongside.

Use of Dhanbank MICR code for Chennai Service Br. branch in chennai

The MICR code 600048001 is used in RBI cheque clearing process to identify the branch Chennai Service Br. 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.