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Standard Chartered Bank New Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Standard Chartered Bank New Delhi New Delhi New Delhi

MICR Code
Bank Standard Chartered Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vasant Vihar
Contact 41669256/55
Bank Details Standard Chartered Bank Vasant Vihar SCBL0036021
Location New Delhi, New Delhi
City New Delhi
District New Delhi
State New Delhi
Pincode 110057
Country IN
Address Vasant vihar- 2 and 3 basant lok, vasant vihar, new delhi-110 057.
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 110036003 for Vasant Vihar 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 110036003 of SCB, Vasant Vihar branch makes the system almost error free and faster. Use of SCB MICR codes for Vasant Vihar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Standard Chartered Bank Vasant Vihar

Standard Chartered Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. SCB MICR code for Vasant Vihar 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. 110036003 is the MICR code of Standard Chartered Bank for Vasant Vihar branch. MICR code for Vasant Vihar 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 SCB Vasant Vihar is presented in the table alongside.

Use of SCB MICR code for Vasant Vihar branch in new delhi

The MICR code 110036003 is used in RBI cheque clearing process to identify the branch Vasant Vihar and SCB 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 Standard Chartered Bank is typically in either of these two font’s: E-138 and CMC-7.