Dcb Bank IFSC Code Search

DCB Bank Code				Zero	DCB Bank’s Branch Code
D	C	B	L	0	0	0	0	3	1	1

The 11-digit IFSC Code is a combination of 3 essential parts. Given above is an example of DCB Bank IFSC Code Karol Bagh, Delhi. Here in DCBL0000311:

• The first 4 characters ‘DCBL’ indicate the bank code
• The 5th character is a ‘0’
• The last 6 characters ‘000311’ signify the branch code of Karol Bagh, Delhi

• DCB Bank IFSC code helps in uniquely identifying a particular bank branch. For the fund process to take place, it is mandatory to know about the IFSC Code of both the originating and destination bank branches
• IFSC Code is used by the RBI to keep track of all the online transactions hence eliminating the chances of any fraudulence in the process of online funds transfer
• The use of IFSC code is vital in the process of electronic or online funds transfer via NEFT, RTGS or IMPS

There are several ways in which one can look for the IFSC Code of a specific bank branch.

Paisabazaar IFSC Search Tool

Go to the IFSC Code search tool offered by Paisbazaar for the convenience of its customers. Listed below are the steps:

Step 1: Visit the page and select the respective bank

Step 2: Select the state, city and the bank branch

Step 3: Look at the right-hand section for all the details

DCB Bank Cheque Book and Passbook

DCB Bank account holders can find the IFSC Code on the cheque leaf and passbook provided by the bank. Look at the below-displayed picture as an example -

*The account holders can also look for the MICR (Magnetic Ink Character Recognition) Code by opting for the above-mentioned options. The MICR Code is a 9-digit code used for the faster processing or clearing of cheques.

Reserve Bank of India’s Official Website

The customers can also visit the Reserve Bank of India’s official website to search for the DCB Bank IFSC Code.

DCB Bank Netbanking / Mobile Banking

One can also look for the DCB Bank IFSC Code as well as MICR Code by logging in to the bank’s net banking portal or mobile banking application.

The MICR (Magnetic Ink Character Recognition) Code is a 9-digit code used for faster processing or clearing of cheques. The code helps in identifying a specific bank branch which is a part of ECS (Electronic Clearing System). It is used for clearing cheques on a regular basis. The MICR code is printed on the bottom side of the cheque leaf and can also be found on the first page of the passbook. In the 9-digit MICR Code:

• The first 3 digits identify the particular city
• The middle 3 digits represent the bank code
• The last 3 digits signify the branch code

DCB Bank account holders can transfer funds online using the respective IFSC Code of their branch. The most commonly used methods include NEFT (National Electronic Fund Transfer), RTGS (Real Time Gross Settlement) and IMPS (Immediate Payment Services). While making any bank transfer it is essential to identify the bank and branch of the beneficiary to avoid any possible errors, hence IFSC is mandatory for any kind of electronic or online fund transfer.

NEFT

It is an electronic fund transfer system introduced by the Reserve Bank of India to process the online fund transfer from one account of an NEFT participant bank branch to another account in some other NEFT participant bank branch.

• Fund transfer amount: No upper value or lower value limit for carrying out the transaction
• Operational Timings: 8 am to 7 pm - Monday to Saturday (except 2nd and 4th Saturdays)
• Charges: No inward transaction charges

RTGS

In this electronic fund transfer system the payments are processed and settled on a real-time basis. This means that the processing of instructions is done on a real-time basis and the settlement is made real-time on a transaction to transaction basis. Both beneficiary and remitter’s banks should be RTGS-enabled to initiate the fund transfer process.

• Minimum transfer value: Rs.2 lakh
• Timings: 8 am to 6 pm (From Monday to Saturday (except 2nd and 4th)

IMPS

It is a 24X7 instant interbank online fund transfer system incorporated by the NPCI (National Payment Corporation of India). All individuals and corporate customers can process fund transfers 24X7, on all days (including bank holidays).

Benefits:

• Instant and convenient fund transfer
• Daily money transfer limit of up to Rs.2 lakh
• Round the year fund transfer facility (including bank holidays)

Incorporated in the year 1930, DCB Bank is a modern private sector bank possessing a network of 334 branches and 505 ATMs spread across 19 states and 3 union territories. DCB Bank also provides services to NRI customers from over 100 countries across the world. With its headquarters in Mumbai, the bank offers products like consumer banking, mortgage loans, investment banking, private banking, wealth management and more.