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Dhanlakshmi Bank Coimbatore Coimbotore Tamil Nadu MICR CODE

Find MICR Codes for Dhanlakshmi Bank Coimbatore Coimbotore Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	641048003
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	Peelamedu
Contact	0422 2571318,
Bank Details	Dhanlaxmi Bank Ltd Peelamedu DLXB0000127

Location	Coimbatore, Coimbotore
City	Coimbatore
District	Coimbotore
State	Tamil Nadu
Pincode	641004
Country	IN
Address	286, standard towers avanashi road, peelamedu coimbatore

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 641048003 for Peelamedu 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 641048003 of Dhanbank, Peelamedu branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Peelamedu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Dhanlaxmi Bank Ltd are available with micr code -

>>Coimbatore >>Peelamedu

MICR code for Dhanlakshmi Bank Peelamedu

Dhanlakshmi Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dhanbank MICR code for Peelamedu 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. 641048003 is the MICR code of Dhanlakshmi Bank for Peelamedu branch. MICR code for Peelamedu 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 Peelamedu is presented in the table alongside.

Use of Dhanbank MICR code for Peelamedu branch in coimbatore

The MICR code 641048003 is used in RBI cheque clearing process to identify the branch Peelamedu 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.