DCB Mothe Jagtial Telangana MICR CODE

Find MICR Codes for DCB Mothe Jagtial Telangana

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MICR Code	505072102
Bank	Development Credit Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mothe
Contact	9885478450
Bank Details	Development Credit Bank Ltd Mothe DCBL0000278

Location	Mothe, Jagtial
City	Mothe
District	Jagtial
State	Telangana
Pincode	505327
Country	IN
Address	Dcb bank limited , mothe branch , h.no. 1-5-162/1 , bonagiri complex,ground floor , opp telangana , agros , govindpally , knr road , mothe , district - jagtial , state - telangana , pin - 505327

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 505072102 for Mothe 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 505072102 of Development Credit Bank, Mothe branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for Mothe 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 -

>>Mothe

MICR code for DCB Mothe

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 Mothe 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. 505072102 is the MICR code of DCB for Mothe branch. MICR code for Mothe 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 Mothe is presented in the table alongside.

Use of Development Credit Bank MICR code for Mothe branch in mothe

The MICR code 505072102 is used in RBI cheque clearing process to identify the branch Mothe 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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