MICR Code Bank
Find MICR code for DCB Andheri East branches in India for NEFT and RTGS transfer

DCB Andheri East MICR CODE

Find MICR Codes for DCB Andheri East

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  1. Development Credit Bank Ltd »
  2. Maharashtra »
  3. mumbai »
  4. mumbai »
  5. andheri east (061)

Find MICR Codes for DCB Andheri East

MICR Code: 400072035
Bank: Development Credit Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Andheri East (061)
Contact: 28306411
Bank Details: Development Credit Bank Ltd Andheri East (061) DCBL0000061
Location: Mumbai, Mumbai
City: Mumbai
District: Mumbai
State: Maharashtra
Pincode:
Country: IN
Address: Shree amba shanti chambers, andheri kurla road, andheri(e), mumbai

How does MICR code for andheri east 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 of Development Credit Bank, andheri east branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for andheri east branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for DCB andheri east

DCB MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Development Credit Bank MICR code for andheri east 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. is the MICR code of DCB for andheri east branch. MICR code for andheri east 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 Development Credit Bank andheri east is presented in the table alongside.

Use of Development Credit Bank MICR code for andheri east branch in mumbai

The MICR code is used in RBI cheque clearing process to identify the branch andheri east and Development Credit 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 DCB is typically in either of these two font’s: E-138 and CMC-7.