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Dena Bank Diu Diu Daman And Diu MICR CODE

Find MICR Codes for Dena Bank Diu Diu Daman And Diu

MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Diu
Contact
Bank Details Dena Bank Diu BKDN0311410
Location Diu, Diu
City Diu
District Diu
State Daman And Diu
Pincode 362520
Country IN
Address Dena bank, ground floor,ghodiya street,charpith road,diu ( ut of daman and diu)-362520
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 362018151 for Diu 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 362018151 of Dena Bank, Diu branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Diu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Dena Bank are available with micr code -

>>Diu

MICR code for Dena Bank Diu

Dena Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dena Bank MICR code for Diu 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. 362018151 is the MICR code of Dena Bank for Diu branch. MICR code for Diu 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 Dena Bank Diu is presented in the table alongside.

Use of Dena Bank MICR code for Diu branch in diu

The MICR code 362018151 is used in RBI cheque clearing process to identify the branch Diu and Dena Bank 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 Dena Bank is typically in either of these two font’s: E-138 and CMC-7.