DCB Chandanagar Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for DCB Chandanagar Hyderabad Urban 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 Chandanagar (085)
Contact 040-42132722
Bank Details Development Credit Bank Ltd Chandanagar (085) DCBL0000085
Location Chandanagar, Hyderabad Urban
City Chandanagar
District Hyderabad Urban
State Andhra Pradesh
Pincode 500050
Country IN
Address Shubham plaza, 4-91, chanda nagar, hyderabad- 500 050
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 500072009 for Chandanagar (085) 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 500072009 of Development Credit Bank, Chandanagar (085) branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for Chandanagar (085) 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 -

>>Chandanagar (085)

MICR code for DCB Chandanagar (085)

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 Chandanagar (085) 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. 500072009 is the MICR code of DCB for Chandanagar (085) branch. MICR code for Chandanagar (085) 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 Chandanagar (085) is presented in the table alongside.

Use of Development Credit Bank MICR code for Chandanagar (085) branch in chandanagar

The MICR code 500072009 is used in RBI cheque clearing process to identify the branch Chandanagar (085) 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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