Dena Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Dena Bank Delhi Delhi New Delhi

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MICR Code
Bank Dena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shahdara
Contact 8750408252/ Shahda@denabank.Co.In
Bank Details Dena Bank Shahdara BKDN0711310
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110032
Country IN
Address Dena bank,sangeeta anija 1157-a east rohtas nagar, delhi 110032
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 110018045 for Shahdara 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 110018045 of Dena Bank, Shahdara branch makes the system almost error free and faster. Use of Dena Bank MICR codes for Shahdara branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Dena Bank Shahdara

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 Shahdara 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. 110018045 is the MICR code of Dena Bank for Shahdara branch. MICR code for Shahdara 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 Shahdara is presented in the table alongside.

Use of Dena Bank MICR code for Shahdara branch in delhi

The MICR code 110018045 is used in RBI cheque clearing process to identify the branch Shahdara 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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