MICR Code Bank
Find MICR code for DCB S.R.Nagar branches in India for NEFT and RTGS transfer

DCB S.R.Nagar MICR CODE

Find MICR Codes for DCB S.R.Nagar

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  1. Development Credit Bank Ltd »
  2. Andhra Pradesh »
  3. hyderabad urban »
  4. hyderabad »
  5. s.r.nagar (072)

Find MICR Codes for DCB S.R.Nagar

MICR Code: 500072007
Bank: Development Credit Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: S.R.Nagar (072)
Contact: 040-23708196
Bank Details: Development Credit Bank Ltd S.R.Nagar (072) DCBL0000072
Location: Hyderabad, Hyderabad Urban
City: Hyderabad
District: Hyderabad Urban
State: Andhra Pradesh
Pincode: 500038
Country: IN
Address: Hyderabad tirumala manasa, sanjeeva reddy nagar, hyderabad 500 038

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

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 s.r.nagar 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 s.r.nagar branch. MICR code for s.r.nagar 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 s.r.nagar is presented in the table alongside.

Use of Development Credit Bank MICR code for s.r.nagar branch in hyderabad

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