DCB East Angul Orissa MICR CODE

Find MICR Codes for DCB East Angul 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 Jarasingha
Contact Mr. Manoj Sahu branch Manager phone :– 7894444396
Bank Details Development Credit Bank Ltd Jarasingha DCBL0000130
Location East, Angul
City East
District Angul
State Orissa
Pincode 759143
Country IN
Address Development credit bank ltd. Jarasingha branch, main road, jarasingha, district – angul, odisha – 759143
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 Jarasingha 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, Jarasingha branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for Jarasingha 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 -

>>Jarasingha

MICR code for DCB Jarasingha

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 Jarasingha 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 Jarasingha branch. MICR code for Jarasingha 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 Jarasingha is presented in the table alongside.

Use of Development Credit Bank MICR code for Jarasingha branch in east

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