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Deutsche Bank Noida Noida Uttar Pradesh MICR CODE

Find MICR Codes for Deutsche Bank Noida Noida Uttar Pradesh

MICR Code
Bank Deutsche Bank Ag
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Noida
Contact Akshay Bhardwaj - 9350644206
Bank Details Deutsche Bank Ag Noida DEUT0278PBC
Location Noida, Noida
City Noida
District Noida
State Uttar Pradesh
Pincode 201301
Country IN
Address F4 & f5, sector 18, noida - 201301
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 110200003 for Noida 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 110200003 of DB Bank, Noida branch makes the system almost error free and faster. Use of DB Bank MICR codes for Noida branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Deutsche Bank Ag are available with micr code -

>>Noida

MICR code for Deutsche Bank Noida

Deutsche Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. DB Bank MICR code for Noida 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. 110200003 is the MICR code of Deutsche Bank for Noida branch. MICR code for Noida 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 DB Bank Noida is presented in the table alongside.

Use of DB Bank MICR code for Noida branch in noida

The MICR code 110200003 is used in RBI cheque clearing process to identify the branch Noida and DB 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 Deutsche Bank is typically in either of these two font’s: E-138 and CMC-7.