DCB Hyderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for DCB Hyderabad Hyderabad Urban Andhra Pradesh

MICR Code
Bank Development Credit Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gaddiannaramm (076)
Contact 040-2405099
Bank Details Development Credit Bank Ltd Gaddiannaramm (076) DCBL0000076
Location Hyderabad, Hyderabad Urban
City Hyderabad
District Hyderabad Urban
State Andhra Pradesh
Pincode
Country IN
Address 18-99/1, road #5, kamlanagr, dilsokhnagar, hyderabad -60
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 500072008 for Gaddiannaramm (076) 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 500072008 of Development Credit Bank, Gaddiannaramm (076) branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for Gaddiannaramm (076) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Development Credit Bank Ltd are available with micr code -

>>A.S.Rao Nagar (051) >>Gaddiannaramm (076) >>Habsiguda (050) >>Hyderabad (027) >>S.R.Nagar (072)

MICR code for DCB Gaddiannaramm (076)

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 Gaddiannaramm (076) 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. 500072008 is the MICR code of DCB for Gaddiannaramm (076) branch. MICR code for Gaddiannaramm (076) 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 Gaddiannaramm (076) is presented in the table alongside.

Use of Development Credit Bank MICR code for Gaddiannaramm (076) branch in hyderabad

The MICR code 500072008 is used in RBI cheque clearing process to identify the branch Gaddiannaramm (076) 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.

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