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Dhanlakshmi Bank Khammam Khammam Andhra Pradesh MICR CODE

Find MICR Codes for Dhanlakshmi Bank Khammam Khammam Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	507048001
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	Khammam
Contact	2644919
Bank Details	Dhanlaxmi Bank Ltd Khammam DLXB0000185

Location	Khammam, Khammam
City	Khammam
District	Khammam
State	Andhra Pradesh
Pincode	507001
Country	IN
Address	6-1-50, opp.dwacra bazar, wyra road, khammam, a.p.

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 507048001 for Khammam 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 507048001 of Dhanbank, Khammam branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Khammam 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 -

>>Khammam

MICR code for Dhanlakshmi Bank Khammam

Dhanlakshmi Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dhanbank MICR code for Khammam 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. 507048001 is the MICR code of Dhanlakshmi Bank for Khammam branch. MICR code for Khammam 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 Khammam is presented in the table alongside.

Use of Dhanbank MICR code for Khammam branch in khammam

The MICR code 507048001 is used in RBI cheque clearing process to identify the branch Khammam 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.