Dhanlakshmi Bank Alathur Palakkad Kerala MICR CODE

Find MICR Codes for Dhanlakshmi Bank Alathur Palakkad Kerala

MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vallangi Nemmara
Contact 0492-3244302
Bank Details Dhanlaxmi Bank Ltd Vallangi Nemmara DLXB0000050
Location Alathur, Palakkad
City Alathur
District Palakkad
State Kerala
Pincode 678508
Country IN
Address V/47-a,ground floor i.g.towers nemmara palakkad
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 Vallangi Nemmara 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, Vallangi Nemmara branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Vallangi Nemmara 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 -

>>Perinkulam >>Vallangi Nemmara

MICR code for Dhanlakshmi Bank Vallangi Nemmara

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

Use of Dhanbank MICR code for Vallangi Nemmara branch in alathur

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

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