MICR Code Bank
Find MICR code for DCB Greater Kailash branches in India for NEFT and RTGS transfer

DCB Greater Kailash MICR CODE

Find MICR Codes for DCB Greater Kailash

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  1. Development Credit Bank Ltd »
  2. New Delhi »
  3. new delhi »
  4. delhi »
  5. greater kailash (070)

Find MICR Codes for DCB Greater Kailash

MICR Code: 110072005
Bank: Development Credit Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Greater Kailash (070)
Contact: 011-29217456
Bank Details: Development Credit Bank Ltd Greater Kailash (070) DCBL0000070
Location: Delhi, New Delhi
City: Delhi
District: New Delhi
State: New Delhi
Pincode: 110048
Country: IN
Address: Block- s-484, greater kailash ii, new delhi 110 048

How does MICR code for greater kailash 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 of Development Credit Bank, greater kailash branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for greater kailash branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Development Credit Bank Ltd are available with micr code

>>Chandni Chowk >>Greater Kailash (070) >>Kapashera >>Kondli >>Najafgarh >>New Delhi (046) >>Preet Vihar (069)

MICR code for DCB greater kailash

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 greater kailash 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. is the MICR code of DCB for greater kailash branch. MICR code for greater kailash 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 greater kailash is presented in the table alongside.

Use of Development Credit Bank MICR code for greater kailash branch in delhi

The MICR code is used in RBI cheque clearing process to identify the branch greater kailash 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.