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

DCB MICR CODE

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  1. Development Credit Bank Ltd »
  2. Bihar »
  3. muzaffarpur »
  4. muzaffarpur »
  5. muzaffarpur

Find MICR Codes for DCB

MICR Code: 842072002
Bank: Development Credit Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Muzaffarpur
Contact: 0
Bank Details: Development Credit Bank Ltd Muzaffarpur DCBL0000303
Location: Muzaffarpur, Muzaffarpur
City: Muzaffarpur
District: Muzaffarpur
State: Bihar
Pincode: 842001
Country: IN
Address: Dcb bank ltd , saraiyaganj , opp. Nav yuvak samiti , muzaffarpur - 842001 , bihar.

How does MICR code for 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, branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for 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

>>Muzaffarpur

MICR code for DCB

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

Use of Development Credit Bank MICR code for branch in muzaffarpur

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