Standard Chartered Bank New Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Standard Chartered Bank New Delhi New Delhi New Delhi

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MICR Code	110036018
Bank	Standard Chartered Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Saket
Contact	41021454
Bank Details	Standard Chartered Bank Saket SCBL0036042

Location	New Delhi, New Delhi
City	New Delhi
District	New Delhi
State	New Delhi
Pincode	110017
Country	IN
Address	E-26, saket, new delhi - 110017

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 110036018 for Saket 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 110036018 of SCB, Saket branch makes the system almost error free and faster. Use of SCB MICR codes for Saket branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of Standard Chartered Bank are available with micr code -

>>A Block Connaugh Place >>Janakpuri >>New Delhi 10 Sansadmarg >>New Delhi Chanakya Puri >>New Delhi Conn. Place >>New Delhi Greater Kailash >>New Delhi H2 Conn. Circus >>New Delhi Karol Bagh >>New Delhi Narain Manzil Bk Road >>New Delhi New Friends Cly >>New Delhi Preet Vihar >>New Delhi Punjabi Bagh >>New Delhi South Extension >>Pitampura >>Saket >>Vasant Vihar

MICR code for Standard Chartered Bank Saket

Standard Chartered Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. SCB MICR code for Saket 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. 110036018 is the MICR code of Standard Chartered Bank for Saket branch. MICR code for Saket 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 SCB Saket is presented in the table alongside.

Use of SCB MICR code for Saket branch in new delhi

The MICR code 110036018 is used in RBI cheque clearing process to identify the branch Saket and SCB 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 Standard Chartered Bank is typically in either of these two font’s: E-138 and CMC-7.

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