DCB Ahmednagar Ahmednagar Maharashtra MICR CODE

Find MICR Codes for DCB Ahmednagar Ahmednagar Maharashtra

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MICR Code
Bank Development Credit Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ahmednagar
Contact 9850959485
Bank Details Development Credit Bank Ltd Ahmednagar DCBL0000328
Location Ahmednagar, Ahmednagar
City Ahmednagar
District Ahmednagar
State Maharashtra
Pincode 414001
Country IN
Address Dcb bank ltd. , ahmednagar branch, near pandit accidental hospital , swastik chowk , station road , ahmednagar , district - ahmednagar , state maharashtra , pin- 414001
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.

Search DCB MICR Codes in ahmednagar

You can search through MICR Codes of Maharashtra branches in ahmednagar of District ahmednagar in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Development Credit Bank Ltd are available with micr code -

>>Ahmednagar

How to find MICR codes for DCB in ahmednagar?

DCB ahmednagar MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Development Credit Bank MICR codes list for ahmednagar, one can further search by branch name specified in the table. You can find MICR codes for all DCB ahmednagar branches.

Development Credit Bank MICR code in ahmednagar

DCB MICR code is a character recognition technology used by banks in the processing of cheques. Development Credit Bank MICR code for ahmednagar branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for DCB branches in ahmednagar, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does DCB MICR code for ahmednagar branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a DCB ahmednagar branch, sprinted 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. Thus MICR code for Development Credit Bank ahmednagar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of DCB MICR codes for ahmednagar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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