Dhanlakshmi Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Dhanlakshmi Bank Delhi Delhi New Delhi

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MICR Code
Bank Dhanlaxmi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nehru Place
Contact 9654957963
Bank Details Dhanlaxmi Bank Ltd Nehru Place DLXB0000193
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110019
Country IN
Address Upper ground floor, skylark building, 60, nehru place, new delhi - 110 019.
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 110048009 for Nehru Place 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 110048009 of Dhanbank, Nehru Place branch makes the system almost error free and faster. Use of Dhanbank MICR codes for Nehru Place branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Dhanlaxmi Bank Ltd are available with micr code -

>>Greater Kailash >>Janakpuri >>Nehru Place >>Punjabi Bagh >>Rohini

MICR code for Dhanlakshmi Bank Nehru Place

Dhanlakshmi Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Dhanbank MICR code for Nehru Place 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. 110048009 is the MICR code of Dhanlakshmi Bank for Nehru Place branch. MICR code for Nehru Place 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 Dhanbank Nehru Place is presented in the table alongside.

Use of Dhanbank MICR code for Nehru Place branch in delhi

The MICR code 110048009 is used in RBI cheque clearing process to identify the branch Nehru Place and Dhanbank 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 Dhanlakshmi Bank is typically in either of these two font’s: E-138 and CMC-7.

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