DCB Durgaprasad Nayagarh Orissa MICR CODE

Find MICR Codes for DCB Durgaprasad Nayagarh Orissa

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MICR Code
Bank Development Credit Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Durgaprasad
Contact 9861024314
Bank Details Development Credit Bank Ltd Durgaprasad DCBL0000150
Location Durgaprasad, Nayagarh
City Durgaprasad
District Nayagarh
State Orissa
Pincode 752069
Country IN
Address D c b bank ltd. Durgaprasad branch main road, durgaprasad district : nayagarh, state : odisha pin – 752 069
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 0 for Durgaprasad 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 0 of Development Credit Bank, Durgaprasad branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for Durgaprasad 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 -

>>Durgaprasad

MICR code for DCB Durgaprasad

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 Durgaprasad 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. 0 is the MICR code of DCB for Durgaprasad branch. MICR code for Durgaprasad 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 Durgaprasad is presented in the table alongside.

Use of Development Credit Bank MICR code for Durgaprasad branch in durgaprasad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Durgaprasad 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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