DCB Narsapur Siddipet Telangana MICR CODE

Find MICR Codes for DCB Narsapur Siddipet Telangana

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MICR Code	502072202
Bank	Development Credit Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Narsapur
Contact	1800-2095363
Bank Details	Development Credit Bank Ltd Narsapur DCBL0000288

Location	Narsapur, Siddipet
City	Narsapur
District	Siddipet
State	Telangana
Pincode	502103
Country	IN
Address	Dcb bank limited , narsapur branch , ground floor , sy no 83/1/a , near sircilla kaman , vemulawada road , hanuman nagar , narsapur village , district - siddipet , state - telangana , pin - 502103

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 502072202 for Narsapur 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 502072202 of Development Credit Bank, Narsapur branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for Narsapur 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 -

>>Narsapur

MICR code for DCB Narsapur

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 Narsapur 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. 502072202 is the MICR code of DCB for Narsapur branch. MICR code for Narsapur 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 Narsapur is presented in the table alongside.

Use of Development Credit Bank MICR code for Narsapur branch in narsapur

The MICR code 502072202 is used in RBI cheque clearing process to identify the branch Narsapur 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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