MICR Code Bank
Find MICR code for Capital Bank branches in India for NEFT and RTGS transfer

Capital Bank MICR CODE

Find MICR Codes for Capital Bank

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  1. Capital Small Finance Bank Ltd »
  2. New Delhi »
  3. delhi »
  4. delhi »
  5. daryaganj delhi

Find MICR Codes for Capital Bank

MICR Code: 110545002
Bank: Capital Small Finance Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Daryaganj Delhi
Contact: 23270453
Bank Details: Capital Small Finance Bank Ltd Daryaganj Delhi CLBL0000092
Location: Delhi, Delhi
City: Delhi
District: Delhi
State: New Delhi
Pincode: 110002
Country: IN
Address: 14, netaji subhash marg, daryaganj, new delhi, pin- 110002

How does MICR code for 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 of Capital Small Finance Bank, branch makes the system almost error free and faster. Use of Capital Small Finance Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Capital Small Finance Bank Ltd are available with micr code

>>Chandini Chowk Delhi >>Daryaganj Delhi >>Karol Bagh Delhi >>Rajouri Garden Delhi

MICR code for Capital Bank

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

Use of Capital Small Finance Bank MICR code for branch in delhi

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