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Dhanlakshmi Bank Valapad Trissur Kerala MICR CODE

Find MICR Codes for Dhanlakshmi Bank Valapad Trissur Kerala

MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Peringottukara
Contact 0487-2391271,2392404
Bank Details Dhanlaxmi Bank Ltd Peringottukara DLXB0000005
Location Valapad, Trissur
City Valapad
District Trissur
State Kerala
Pincode
Country IN
Address Vembanat building east nada, triprayar peringottukara thrissur dist
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 680048452 for Peringottukara 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 680048452 of Dhanbank, Peringottukara branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Peringottukara branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Peringottukara

MICR code for Dhanlakshmi Bank Peringottukara

Dhanlakshmi Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dhanbank MICR code for Peringottukara 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. 680048452 is the MICR code of Dhanlakshmi Bank for Peringottukara branch. MICR code for Peringottukara 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 Peringottukara is presented in the table alongside.

Use of Dhanbank MICR code for Peringottukara branch in valapad

The MICR code 680048452 is used in RBI cheque clearing process to identify the branch Peringottukara 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.