MICR Code Bank
Find MICR code for Dena Bank New Delhi branches in India for NEFT and RTGS transfer

Dena Bank New Delhi MICR CODE

Find MICR Codes for Dena Bank New Delhi

Selected Bank + -

  

Selected State + -

  

Selected District + -

  

Selected City + -

  

Selected Branch + -

  
  1. Dena Bank »
  2. New Delhi »
  3. new delhi »
  4. delhi »
  5. new delhi (nehru place)

Find MICR Codes for Dena Bank New Delhi

MICR Code: 110018012
Bank: Dena Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: New Delhi (Nehru Place)
Contact: 011-26485887/26485866 ; Nehrup@denabank.Co.In
Bank Details: Dena Bank New Delhi (Nehru Place) BKDN0710640
Location: Delhi, New Delhi
City: Delhi
District: New Delhi
State: New Delhi
Pincode: 100019
Country: IN
Address: Nehru place,govardhan 53-54,new delhi-100019

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

MICR code for Dena Bank new delhi

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

Use of Dena Bank MICR code for new delhi branch in delhi

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