DCB Jaora Ratlam Madhya Pradesh MICR CODE

Find MICR Codes for DCB Jaora Ratlam Madhya Pradesh

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MICR Code
Bank Development Credit Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sejawata
Contact 9830364162
Bank Details Development Credit Bank Ltd Sejawata DCBL0000277
Location Jaora, Ratlam
City Jaora
District Ratlam
State Madhya Pradesh
Pincode 457226
Country IN
Address Dcb bank ltd , sejawata branch , khasra no 1 / 32 , sanjay complex , village sejawata , jaora , district - ratlam , state - madhya pradesh , pin - 457226.
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 457072051 for Sejawata 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 457072051 of Development Credit Bank, Sejawata branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for Sejawata 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 -

>>Sejawata

MICR code for DCB Sejawata

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 Sejawata 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. 457072051 is the MICR code of DCB for Sejawata branch. MICR code for Sejawata 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 Sejawata is presented in the table alongside.

Use of Development Credit Bank MICR code for Sejawata branch in jaora

The MICR code 457072051 is used in RBI cheque clearing process to identify the branch Sejawata 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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