DCB Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for DCB Bangalore Bangalore Urban Karnataka

MICR Code
Bank Development Credit Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jaya Nagar (082)
Contact 080-41460421
Bank Details Development Credit Bank Ltd Jaya Nagar (082) DCBL0000082
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560041
Country IN
Address 239/26, rajisree towers, 9th main road, 3rd block, jayanagr, bangalore
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 560072004 for Jaya Nagar (082) 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 560072004 of Development Credit Bank, Jaya Nagar (082) branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for Jaya Nagar (082) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Development Credit Bank Ltd are available with micr code -

>>Bangalore (038) >>Jaya Nagar (082) >>Rajaji Nagar Blr (071)

MICR code for DCB Jaya Nagar (082)

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 Jaya Nagar (082) 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. 560072004 is the MICR code of DCB for Jaya Nagar (082) branch. MICR code for Jaya Nagar (082) 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 Jaya Nagar (082) is presented in the table alongside.

Use of Development Credit Bank MICR code for Jaya Nagar (082) branch in bangalore

The MICR code 560072004 is used in RBI cheque clearing process to identify the branch Jaya Nagar (082) 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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