DCB Gumla Pugu Jharkhand MICR CODE

Find MICR Codes for DCB Gumla Pugu Jharkhand

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MICR Code	-NA-
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	Pugu
Contact	6524-68997777
Bank Details	Development Credit Bank Ltd Pugu DCBL0000463

Location	Gumla, Pugu
City	Gumla
District	Pugu
State	Jharkhand
Pincode	835207
Country	IN
Address	Dcb bank ltd, pugu branch, ground and first floor, plot no. 3033, palkot road, behratoli, terri more, village-pugu, gumla. District-gumla, state-jharkhand, pin-835207

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

>>Pugu

MICR code for DCB Pugu

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

Use of Development Credit Bank MICR code for Pugu branch in gumla

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