DCB Arcot Vellore Vellore Tamil Nadu MICR CODE

Find MICR Codes for DCB Arcot Vellore Vellore Tamil Nadu

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MICR Code
Bank Development Credit Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Arcot Vellore
Contact 9282500206
Bank Details Development Credit Bank Ltd Arcot Vellore DCBL0000181
Location Arcot Vellore, Vellore
City Arcot Vellore
District Vellore
State Tamil Nadu
Pincode 632503
Country IN
Address Kumaran complex, 1st floor, arani road, near anthony church, arcot, vellore - 632503
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 632072002 for Arcot Vellore 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 632072002 of Development Credit Bank, Arcot Vellore branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for Arcot Vellore 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 -

>>Arcot Vellore

MICR code for DCB Arcot Vellore

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 Arcot Vellore 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. 632072002 is the MICR code of DCB for Arcot Vellore branch. MICR code for Arcot Vellore 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 Arcot Vellore is presented in the table alongside.

Use of Development Credit Bank MICR code for Arcot Vellore branch in arcot vellore

The MICR code 632072002 is used in RBI cheque clearing process to identify the branch Arcot Vellore 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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