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Dhanlakshmi Bank Edappal Malapuram Kerala MICR CODE

Find MICR Codes for Dhanlakshmi Bank Edappal Malapuram Kerala

MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Edappal
Contact 0494 2680242,
Bank Details Dhanlaxmi Bank Ltd Edappal DLXB0000020
Location Edappal, Malapuram
City Edappal
District Malapuram
State Kerala
Pincode 679576
Country IN
Address 6/485 palghat road p.b.no.2 edappal, malappuram
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 Edappal 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, Edappal branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Edappal 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 -

>>Edappal

MICR code for Dhanlakshmi Bank Edappal

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

Use of Dhanbank MICR code for Edappal branch in edappal

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