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Dhanlakshmi Bank Hyderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for Dhanlakshmi Bank Hyderabad Hyderabad Urban Andhra Pradesh

MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hyderabs Abids
Contact 040-24753870 Fax : 24752831
Bank Details Dhanlaxmi Bank Ltd Hyderabs Abids DLXB0000088
Location Hyderabad, Hyderabad Urban
City Hyderabad
District Hyderabad Urban
State Andhra Pradesh
Pincode
Country IN
Address P.b.no.246 1st floor, kunda's estate abids, hyderabad, a.p
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 500048002 for Hyderabs Abids 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 500048002 of Dhanbank, Hyderabs Abids branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Hyderabs Abids branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Dhanlaxmi Bank Ltd are available with micr code -

>>Banjara Hills Hyd. >>Hyderabs Abids >>Kukatpally

MICR code for Dhanlakshmi Bank Hyderabs Abids

Dhanlakshmi Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dhanbank MICR code for Hyderabs Abids 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. 500048002 is the MICR code of Dhanlakshmi Bank for Hyderabs Abids branch. MICR code for Hyderabs Abids 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 Hyderabs Abids is presented in the table alongside.

Use of Dhanbank MICR code for Hyderabs Abids branch in hyderabad

The MICR code 500048002 is used in RBI cheque clearing process to identify the branch Hyderabs Abids 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.