Indusind Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Indusind Bank Delhi Delhi New Delhi

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MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dwarka New Delhi
Contact 011 – 28088260 ,61 , 62 , 63 , 64.
Bank Details Indusind Bank Ltd Dwarka New Delhi INDB0000559
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110075
Country IN
Address Ground & 1st floors, antriksh plaza, plot no2, sector-10, mlu, dwarka, new delhi- 110 075
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 110234054 for Dwarka New Delhi 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 110234054 of Indus Bank, Dwarka New Delhi branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Dwarka New Delhi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Indusind Bank Dwarka New Delhi

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 New Delhi 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. 110234054 is the MICR code of Indusind Bank for Dwarka New Delhi branch. MICR code for Dwarka New Delhi 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 New Delhi is presented in the table alongside.

Use of Indus Bank MICR code for Dwarka New Delhi branch in delhi

The MICR code 110234054 is used in RBI cheque clearing process to identify the branch Dwarka New Delhi 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.

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