Dena Bank Nawada New Delhi New Delhi MICR CODE

Find MICR Codes for Dena Bank Nawada New Delhi New Delhi

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MICR Code	110018031
Bank	Dena Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nawada
Contact	011-25356708,Navada@denabank.Co.In
Bank Details	Dena Bank Nawada BKDN0711159

Location	Nawada, New Delhi
City	Nawada
District	New Delhi
State	New Delhi
Pincode	110059
Country	IN
Address	265a,nawada village,uttam nagar,new delhi

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 110018031 for Nawada 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 110018031 of Dena Bank, Nawada branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Nawada branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Nawada

MICR code for Dena Bank Nawada

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 Nawada 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. 110018031 is the MICR code of Dena Bank for Nawada branch. MICR code for Nawada 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 Nawada is presented in the table alongside.

Use of Dena Bank MICR code for Nawada branch in nawada

The MICR code 110018031 is used in RBI cheque clearing process to identify the branch Nawada 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.

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