DCB Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for DCB Mumbai Mumbai 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 Andheri West (004)
Contact 26289609
Bank Details Development Credit Bank Ltd Andheri West (004) DCBL0000004
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400047
Country IN
Address Laram shopping centre, s v road, andheri (w), mumbai
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 400072004 for Andheri West (004) 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 400072004 of Development Credit Bank, Andheri West (004) branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for Andheri West (004) branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for DCB Andheri West (004)

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 Andheri West (004) 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. 400072004 is the MICR code of DCB for Andheri West (004) branch. MICR code for Andheri West (004) 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 Andheri West (004) is presented in the table alongside.

Use of Development Credit Bank MICR code for Andheri West (004) branch in mumbai

The MICR code 400072004 is used in RBI cheque clearing process to identify the branch Andheri West (004) 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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