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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 Kukatpally
Contact 040-23066221 Fax : 23066331
Bank Details Dhanlaxmi Bank Ltd Kukatpally DLXB0000168
Location Hyderabad, Hyderabad Urban
City Hyderabad
District Hyderabad Urban
State Andhra Pradesh
Pincode 500072
Country IN
Address 686, vivekananda nagar colony, kukatpally, hyderabad andhra pradesh
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 500048004 for Kukatpally 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 500048004 of Dhanbank, Kukatpally branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Kukatpally 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 -

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MICR code for Dhanlakshmi Bank Kukatpally

Dhanlakshmi Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dhanbank MICR code for Kukatpally 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. 500048004 is the MICR code of Dhanlakshmi Bank for Kukatpally branch. MICR code for Kukatpally 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 Kukatpally is presented in the table alongside.

Use of Dhanbank MICR code for Kukatpally branch in hyderabad

The MICR code 500048004 is used in RBI cheque clearing process to identify the branch Kukatpally 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.