Dhanlakshmi Bank Nallasopara Thane Maharashtra MICR CODE

Find MICR Codes for Dhanlakshmi Bank Nallasopara Thane Maharashtra

↻ Reload
MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nallasopara
Contact Neil Fernandes : 9619490158
Bank Details Dhanlaxmi Bank Ltd Nallasopara DLXB0000208
Location Nallasopara, Thane
City Nallasopara
District Thane
State Maharashtra
Pincode 401203
Country IN
Address Ground floor, shop no. 9 to 16, olive building, jivdani builders & developers, patnkar wadi, nalla sopara (west) 401 203
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 400048016 for Nallasopara 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 400048016 of Dhanbank, Nallasopara branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Nallasopara 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 -

>>Nallasopara

MICR code for Dhanlakshmi Bank Nallasopara

Dhanlakshmi Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dhanbank MICR code for Nallasopara 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. 400048016 is the MICR code of Dhanlakshmi Bank for Nallasopara branch. MICR code for Nallasopara 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 Nallasopara is presented in the table alongside.

Use of Dhanbank MICR code for Nallasopara branch in nallasopara

The MICR code 400048016 is used in RBI cheque clearing process to identify the branch Nallasopara 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.

Copied!