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DCB Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for DCB Mumbai Mumbai Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	400072034
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	Saboo Siddique Ec (053)
Contact	23014149
Bank Details	Development Credit Bank Ltd Saboo Siddique Ec (053) DCBL0000053

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	400008
Country	IN
Address	Counter 8, shepard road, byculla, mumbai 400008

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 400072034 for Saboo Siddique Ec (053) 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 400072034 of Development Credit Bank, Saboo Siddique Ec (053) branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for Saboo Siddique Ec (053) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 29 branches of Development Credit Bank Ltd are available with micr code -

>>Andheri East (061) >>Andheri West (004) >>Bandra (005) >>Byculla (006) >>Central Clearing Unit >>Corporate Office >>Dahisar (007) >>Fort (043) >>Ghatkopar >>Goregaon (008) >>Hasanabad (009) >>Imamwada (003) >>Jogeshwari Branch (010) >>Juhu >>Kalbadevi (002) >>Kurla (011) >>Lokhandwala (031) >>Mahim (024) >>Malad (025) >>Mohamedali Road (019) >>Mumbai >>Mumbai Main Office (001) >>Nariman Point (023) >>National Processing Centre >>Nesbit Road (013) >>Rtgs Ho >>Saboo Siddique Ec (053) >>Santa Cruz (026) >>Versova (017)

MICR code for DCB Saboo Siddique Ec (053)

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 Saboo Siddique Ec (053) 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. 400072034 is the MICR code of DCB for Saboo Siddique Ec (053) branch. MICR code for Saboo Siddique Ec (053) 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 Saboo Siddique Ec (053) is presented in the table alongside.

Use of Development Credit Bank MICR code for Saboo Siddique Ec (053) branch in mumbai

The MICR code 400072034 is used in RBI cheque clearing process to identify the branch Saboo Siddique Ec (053) 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.