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Dhanlakshmi Bank Kunissery Palakkad Kerala MICR CODE

Find MICR Codes for Dhanlakshmi Bank Kunissery Palakkad Kerala

MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kunissery
Contact 0492 2234248
Bank Details Dhanlaxmi Bank Ltd Kunissery DLXB0000029
Location Kunissery, Palakkad
City Kunissery
District Palakkad
State Kerala
Pincode 678681
Country IN
Address Alattur palakkad road, kunnissery palakkad dist, kerala, 678681
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 Kunissery 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, Kunissery branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Kunissery 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 -

>>Kunissery

MICR code for Dhanlakshmi Bank Kunissery

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

Use of Dhanbank MICR code for Kunissery branch in kunissery

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