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

DCB Vasco Da Gama MICR CODE

Find MICR Codes for DCB Vasco Da Gama

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  1. Development Credit Bank Ltd »
  2. Goa »
  3. south goa »
  4. vasco »
  5. vasco da gama (054)

Find MICR Codes for DCB Vasco Da Gama

MICR Code: 403072005
Bank: Development Credit Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Vasco Da Gama (054)
Contact: 0832-2501442
Bank Details: Development Credit Bank Ltd Vasco Da Gama (054) DCBL0000054
Location: Vasco, South Goa
City: Vasco
District: South Goa
State: Goa
Pincode: 403802
Country: IN
Address: Vasco citicentre, swatantra path, vasco da gama 403 802

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

>>Vasco Da Gama (054)

MICR code for DCB vasco da gama

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 vasco da gama 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 vasco da gama branch. MICR code for vasco da gama 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 vasco da gama is presented in the table alongside.

Use of Development Credit Bank MICR code for vasco da gama branch in vasco

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