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

DCB Daman MICR CODE

Find MICR Codes for DCB Daman

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  1. Development Credit Bank Ltd »
  2. Daman And Diu »
  3. daman »
  4. daman »
  5. daman (044)

Find MICR Codes for DCB Daman

MICR Code: -NA-
Bank: Development Credit Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Daman (044)
Contact: 0260- 2255644
Bank Details: Development Credit Bank Ltd Daman (044) DCBL0000044
Location: Daman, Daman
City: Daman
District: Daman
State: Daman And Diu
Pincode: 396210
Country: IN
Address: Al husain palace, zampa bahar, nani daman, daman 396 210

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

A total of 1 branches of Development Credit Bank Ltd are available with micr code

>>Daman (044)

MICR code for DCB daman

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 daman 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 daman branch. MICR code for daman 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 daman is presented in the table alongside.

Use of Development Credit Bank MICR code for daman branch in daman

The MICR code is used in RBI cheque clearing process to identify the branch daman 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.