DCB Dhokheda Raisen Madhya Pradesh MICR CODE

Find MICR Codes for DCB Dhokheda Raisen Madhya 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 Dhokheda
Contact 9425193131
Bank Details Development Credit Bank Ltd Dhokheda DCBL0000161
Location Dhokheda, Raisen
City Dhokheda
District Raisen
State Madhya Pradesh
Pincode 464668
Country IN
Address D c b bank ltd. Phn no. 30, dhokheda,bareli,raisen, madhya pradesh 464668
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 464072501 for Dhokheda 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 464072501 of Development Credit Bank, Dhokheda branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for Dhokheda 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 -

>>Dhokheda

MICR code for DCB Dhokheda

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 Dhokheda 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. 464072501 is the MICR code of DCB for Dhokheda branch. MICR code for Dhokheda 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 Dhokheda is presented in the table alongside.

Use of Development Credit Bank MICR code for Dhokheda branch in dhokheda

The MICR code 464072501 is used in RBI cheque clearing process to identify the branch Dhokheda 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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