DCB Sundargarh Sundargarh Orissa MICR CODE

Find MICR Codes for DCB Sundargarh Sundargarh Orissa

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MICR Code	770072002
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	Sundargarh
Contact	9937020008
Bank Details	Development Credit Bank Ltd Sundargarh DCBL0000318

Location	Sundargarh, Sundargarh
City	Sundargarh
District	Sundargarh
State	Orissa
Pincode	770001
Country	IN
Address	Dcb bank limited , sundargarh branch , ground floor , khata no.478 , plot no.43/1 , mission road , jalaram tower , sundargarh , district - sundargarh , state - odisha , pin-770001

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 770072002 for Sundargarh 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 770072002 of Development Credit Bank, Sundargarh branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for Sundargarh 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 -

>>Sundargarh

MICR code for DCB Sundargarh

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 Sundargarh 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. 770072002 is the MICR code of DCB for Sundargarh branch. MICR code for Sundargarh 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 Sundargarh is presented in the table alongside.

Use of Development Credit Bank MICR code for Sundargarh branch in sundargarh

The MICR code 770072002 is used in RBI cheque clearing process to identify the branch Sundargarh 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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