Indusind Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Indusind Bank Delhi Delhi New Delhi

↻ Reload
MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dwarka
Contact 49025000
Bank Details Indusind Bank Ltd Dwarka INDB0001032
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode
Country IN
Address Ground floor unit no g1 2 aggarwal mall plot no 03 sector 5 dwarka
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 110234091 for Dwarka 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 110234091 of Indus Bank, Dwarka branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Dwarka branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indusind Bank Dwarka

Indusind Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Indus Bank MICR code for Dwarka 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. 110234091 is the MICR code of Indusind Bank for Dwarka branch. MICR code for Dwarka 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 Indus Bank Dwarka is presented in the table alongside.

Use of Indus Bank MICR code for Dwarka branch in delhi

The MICR code 110234091 is used in RBI cheque clearing process to identify the branch Dwarka and Indus 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 Indusind Bank is typically in either of these two font’s: E-138 and CMC-7.

Copied!