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Dena Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Dena Bank Delhi New Delhi New Delhi

MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch New Delhi Chandni Chowk
Contact 011-23955843, Chandn@denabank.Co.In
Bank Details Dena Bank New Delhi Chandni Chowk BKDN0710059
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110006
Country IN
Address 5456,laxmi building,near clocktower,p.b.no.1126,delhi 110 006
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 110018002 for New Delhi Chandni Chowk 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 110018002 of Dena Bank, New Delhi Chandni Chowk branch makes the system almost error free and faster. Use of Dena Bank MICR codes for New Delhi Chandni Chowk branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Dena Bank New Delhi Chandni Chowk

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 Chandni Chowk 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. 110018002 is the MICR code of Dena Bank for New Delhi Chandni Chowk branch. MICR code for New Delhi Chandni Chowk 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 Chandni Chowk is presented in the table alongside.

Use of Dena Bank MICR code for New Delhi Chandni Chowk branch in delhi

The MICR code 110018002 is used in RBI cheque clearing process to identify the branch New Delhi Chandni Chowk 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.