Dhanlakshmi Bank Chittur Palakkad Kerala MICR CODE

Find MICR Codes for Dhanlakshmi Bank Chittur Palakkad Kerala

MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chittur
Contact 0492-2322404
Bank Details Dhanlaxmi Bank Ltd Chittur DLXB0000083
Location Chittur, Palakkad
City Chittur
District Palakkad
State Kerala
Pincode 678101
Country IN
Address 9/iv chittur-coimbatore road chittur palakkad dist
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 0 for Chittur 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 0 of Dhanbank, Chittur branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Chittur branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Chittur

MICR code for Dhanlakshmi Bank Chittur

Dhanlakshmi Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dhanbank MICR code for Chittur 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. 0 is the MICR code of Dhanlakshmi Bank for Chittur branch. MICR code for Chittur 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 Chittur is presented in the table alongside.

Use of Dhanbank MICR code for Chittur branch in chittur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chittur 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.

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