DCB Coimbatore Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for DCB Coimbatore Coimbatore 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 Coimbatore
Contact 9843259234
Bank Details Development Credit Bank Ltd Coimbatore DCBL0000172
Location Coimbatore, Coimbatore
City Coimbatore
District Coimbatore
State Tamil Nadu
Pincode 641044
Country IN
Address Dcb bank ltd,248 avarampalayam road,sidhapudur,coimbatore 641044
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 641072002 for Coimbatore 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 641072002 of Development Credit Bank, Coimbatore branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for Coimbatore 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 -

>>Coimbatore

MICR code for DCB Coimbatore

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 Coimbatore 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. 641072002 is the MICR code of DCB for Coimbatore branch. MICR code for Coimbatore 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 Coimbatore is presented in the table alongside.

Use of Development Credit Bank MICR code for Coimbatore branch in coimbatore

The MICR code 641072002 is used in RBI cheque clearing process to identify the branch Coimbatore 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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