DCB East Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for DCB East Delhi New Delhi New Delhi

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MICR Code
Bank Development Credit Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mayur Vihar Phase Two
Contact 11-9968580025
Bank Details Development Credit Bank Ltd Mayur Vihar Phase Two DCBL0000452
Location East Delhi, New Delhi
City East Delhi
District New Delhi
State New Delhi
Pincode 110091
Country IN
Address Ground floor, c-23, acharya niketan, mayur vihar, phase-1, delhi-110091
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 Mayur Vihar Phase Two 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, Mayur Vihar Phase Two branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for Mayur Vihar Phase Two 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 -

>>Mayur Vihar Phase Two

MICR code for DCB Mayur Vihar Phase Two

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 Mayur Vihar Phase Two 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 Mayur Vihar Phase Two branch. MICR code for Mayur Vihar Phase Two 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 Mayur Vihar Phase Two is presented in the table alongside.

Use of Development Credit Bank MICR code for Mayur Vihar Phase Two branch in east delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mayur Vihar Phase Two 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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