DCB Joda Keonjhar Orissa MICR CODE

Find MICR Codes for DCB Joda Keonjhar 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 Joda
Contact 6767-68997777
Bank Details Development Credit Bank Ltd Joda DCBL0000476
Location Joda, Keonjhar
City Joda
District Keonjhar
State Orissa
Pincode 758034
Country IN
Address Dcb bank ltd, joda branch, la-flora, first floor, plot no.347, mahaveer chowk, bansapani road, joda, district-keonjhar, state-odisha, pin-758034.
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 Joda 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, Joda branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for Joda 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 -

>>Joda

MICR code for DCB Joda

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

Use of Development Credit Bank MICR code for Joda branch in joda

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