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Dhanlakshmi Bank Pollachi Coimbotore Tamil Nadu MICR CODE

Find MICR Codes for Dhanlakshmi Bank Pollachi Coimbotore Tamil Nadu

MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pollachi
Contact 04259-229411,234411
Bank Details Dhanlaxmi Bank Ltd Pollachi DLXB0000063
Location Pollachi, Coimbotore
City Pollachi
District Coimbotore
State Tamil Nadu
Pincode 642002
Country IN
Address P.b.no. 21 no.84,coimbatore road pollachi t.n
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 Pollachi 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, Pollachi branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Pollachi 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 -

>>Pollachi

MICR code for Dhanlakshmi Bank Pollachi

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

Use of Dhanbank MICR code for Pollachi branch in pollachi

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