Delhi State Coop Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Delhi State Coop Bank Delhi Delhi New Delhi

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MICR Code
Bank The Delhi State Co-operative Bank Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nangli Poona
Contact
Bank Details The Delhi State Co-operative Bank Ltd. Nangli Poona DLSC0000043
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110036
Country IN
Address Vpo nangli poona,near panchayat ghar, delhi-110036.
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 0 for Nangli Poona 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 0 of Delhi State Cooperative Bank , Nangli Poona branch makes the system almost error free and faster. Use of Delhi State Cooperative Bank MICR codes for Nangli Poona branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Delhi State Coop Bank Nangli Poona

Delhi State Coop Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Delhi State Cooperative Bank MICR code for Nangli Poona 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. 0 is the MICR code of Delhi State Coop Bank for Nangli Poona branch. MICR code for Nangli Poona 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 Delhi State Cooperative Bank Nangli Poona is presented in the table alongside.

Use of Delhi State Cooperative Bank MICR code for Nangli Poona branch in delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nangli Poona and Delhi State Cooperative 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 Delhi State Coop Bank is typically in either of these two font’s: E-138 and CMC-7.

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