DCB South East Godavari Andhra Pradesh MICR CODE

Find MICR Codes for DCB South East Godavari Andhra Pradesh

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MICR Code
Bank Development Credit Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Anaparthy
Contact Mr. Raghunath N V branch Manager phone :– 77310 33777
Bank Details Development Credit Bank Ltd Anaparthy DCBL0000123
Location South, East Godavari
City South
District East Godavari
State Andhra Pradesh
Pincode 533342
Country IN
Address Development credit bank ltd. Anaparthy branch, canal road, anaparthy, district – east godavari, state – andhra pradesh pin – 533342
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 0 for Anaparthy 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 0 of Development Credit Bank, Anaparthy branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for Anaparthy 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 -

>>Anaparthy

MICR code for DCB Anaparthy

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 Anaparthy 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. 0 is the MICR code of DCB for Anaparthy branch. MICR code for Anaparthy 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 Anaparthy is presented in the table alongside.

Use of Development Credit Bank MICR code for Anaparthy branch in south

The MICR code 0 is used in RBI cheque clearing process to identify the branch Anaparthy 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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