State wise list of DCB Bank IFSC code, MICR code and addresses of all branches in India
(used for RTGS and NEFT transactions)
|MICR Code||MICR not provided.|
|Bank||DEVELOPMENT CREDIT BANK|
or Choose State from list below
As a customer of DCB Bank, transferring funds is a simple and safe matter thanks to the NEFT and RTGS services that are provided by the bank. One need to know the IFSC code in order to use the services. IFSC code (Indian Financial System Code) is a set of characters unique to each branch and bank. It is made up of 11 characters, out of which the first four are alphabets which represents the bank’s name. This would be ‘DCBL’. This is followed by the number ‘0’ which is standard for all IFSC codes as it is reserve for future use. The last six digits denotes the branch of bank.
There are multiple ways to know the IFSC and MICR codes of DCB Bank. For one, you can look on the official website of the bank. You can also find the IFSC code printed on the leaflets of the cheque books of each branch.
Another place to find it online is to look in the government page which provides a complete list of all the banks in India and their IFSC codes. Third party financial websites like BankBazaar is also a great place to look for the IFSC of the branch of any bank that you need.
As soon as you select the options that apply to you, the website will automatically generate the codes you require. You will also be provided with the address, phone number and branch code as well. Alternatively, you can browse through the list of banks which are provided on the same page and find the bank manually to get IFSC code and MICR code.
Transferring money using the DCB Bank NEFT and RTGS services is safe and hassle-free. One can transfer funds using NEFT/RTGS services from any of the DCB bank branches to an account in any bank/branch which is NEFT/RTGS enabled.
National Electronic Funds Transfer (NEFT):
NEFT service is available at all branches of DCB Bank. NEFT service is done in 12 hourly settlements. DCB offers customers the exclusive offer of NEFT service for free.
You will need the following information to use NEFT service at DCB Bank:
Real Time Gross Settlement System (RTGS):
RTGS is an even faster service than NEFT since the transactions are settled on one to one basis. Being in ‘real time’ means that there is no waiting period. RTGS is used when the sum to be transferred is above Rs. 2 lakhs. There is no upper ceiling for RTGS transactions. There is also no settlement risk when you transfer money through RTGS. When a payment is done through RTGS, it is final and irrevocable since the money transfer takes place in the books of the Reserve Bank of India.
You will need the following information to use RTGS service at the DCB Bank:
· A remark for the receiver, if any
DCB Bank Ltd. (Formerly Development Credit Bank Limited) is a private sector commercial bank with headquarters in Mumbai. The bank is a result of the Ismailia Co-operative Bank Limited merging with the Masalawala Co-operative Bank to form Development Co-operative Bank. The name changed to Development Credit Bank once it was granted the scheduled bank license. On 31st May 1995 the Bank received the Scheduled Commercial Bank licence from the Reserve Bank of India. In 2006, the bank began offering shares to the public by an Initial Public Offering (IPO). DCB Bank Limited is the new name of the Bank. It was changed in 2014 with due regulatory approval.
Regulated by the Reserve Bank of India, the bank has160 branches across 17 states, 2 union territories and approximately 450,000 customers. Some of the states that the bank’s presence is felt include Andhra Pradesh, Uttar Pradesh, Delhi/ NCR, Gujarat, Goa, Haryana, Kerala, Karnataka, Maharashtra, Odisha, Chhattisgarh, Punjab, Rajasthan, Madhya Pradesh, Tamil Nadu, West Bengal, Telangana and Union Territories of Daman & Diu and Dadra & Nagar Haveli. The bank also has 370 ATMs across the country. The products of DCB Bank are offered to individuals, small and medium businesses, rural banking and mid corporates across its branch network.
While the country’s economy has more or less by holding steady, officials at DCB Bank would be ecstatic to find that their net profits have jumped by a whopping 31% in Q2 of this financial year.
At the stock exchange too, the bank’s stocks have done exceptionally well. This morning they rose by 8% to Rs. 131.40, which is the highest it has been in 52-weeks after the announcement of the profit, which stands at Rs. 48.49 crore for the quarter ending September. Besides this, the bank also saw its net interest margin rise by about 3.96% in the second quarter this year, a good 0.17% rise from the same time previous year.
Net interest income also increased by 27% to Rs. 190 crore as opposed to the previous year. All in all, DCB Bank has seen one of its best results ever since its inception 1930.
17th October 2016
Private sector bank DCB has launched its own UPI app looking to capitalise on the Unified Payment Interface trend. The app aims to cater to mobile savvy customers who can send and receive money using only the beneficiary’s phone number and name registered with the bank. ICICI has had a more successful run with their UPI which crossed 1 million VPA payments recently.
DCB bank is looking to revolutionize the P2P industry with a new feature called collect on its UPI app which was not seen earlier in the industry
26th September 2016
DCB Bank has launched mVisa, a mobile-based payment solution that eases the payment process at retail outlets. Customers of a bank issuing mVisa can make digital payments at retail outlets enabled with m-Visa, by scanning unique QR codes through their smartphones. mVisa also enables customers to avail cash at point of service.
The bank has collaborated with digital payment companies, M2P Solutions and GI Technology to implement mVisa. They stated that over 1000 Smart Shop retail outlets have already been equipped with mVisa, and they plan to expand it to over 25,000 in the coming months.
2nd September 2016
The DCB Bank has launched an ATM in Odisha with security options including the customer’s Aadhaar number and fingerprint apart from the usual debit card PIN. Five new branches of DCB bank were also opened on Friday in Cuttack, Pathar Pada, Dhenkanal, Bijipur and Palla. The bank now has 21 branches in Odisha.
The bank’s Odisha branches offer products for agriculturalists, agri-businesses, micro and small businesses as well as individuals. DCB Bank also offers various finance options, foreign exchange services and cash transfers using the IFSC codes and cash management services.
11th May 2016
In an effort to expand its presence in Maharashtra, DCB Bank has opened a new branch in Latur. The new branch will be providing a bouquet of services namely micro business, agri-business and medium business banking solutions to the nearby regions of Latur, Udgir, Netragaon, Nideban, Jaknal and Banshelki. The latest DCB branch was inaugurated by R. Venkattesh, Head of Operations, IT & HR, DCB Bank. The Head of Agri & Inclusive Banking, Narendranath Mishra was also present during the launch.
DCB is a major player in the agri business sector providing a vast array of services ranging from tractor loans, crop loans, dairy loans, loans for agri processing activities, land development loans and financing for high tech farming activities. DCB also offers home loans for self-employed individuals, along with giving the best interest rates on fixed deposits with tenures between one and five years. DCB aims to provide personalised services catering to a customer’s specific banking needs. Along with that, DCB intends to grow its customer base in Maharashtra with mobile banking and internet banking services. The state-of-the-art internet banking services provided by DCB allows easy fund transfers by just entering the required IFSC codes and beneficiary’s bank account.
17th August 2015
|• DCB Ahmedabad Relief Road Branch||• DCB Ahmedabad Vejalpur Branch||• DCB Andheri East Branch|
|• DCB Andheri West Branch||• DCB Auranagabad Branch||• DCB Bahirwadi Branch|
|• DCB Bandra Branch||• DCB Kurla West Branch||• DCB Byculla Branch|
|• DCB Delhi Kondli Branch||• DCB East Godavari Anaparthy Branch||• DCB Faridkot Branch|
|• DCB Gandhinagar Branch||• DCB Gautam Budha Nagar Noida Branch||• DCB Goregaon Branch|
|• DCB Greater Kailash Branch||• DCB Hoshangabad Pipariya Branch||• DCB Imamwada Branch|
|• DCB Jakkasandra Branch||• DCB Jaya Nagar Branch||• DCB Kachchh Bhuj Branch|
|• DCB Kalamboli Branch||• DCB Karimnagar Rekurthi Branch||• DCB Karmeta Branch|
|• DCB Kausa Branch||• DCB Kolkata Brabourne Road Branch||• DCB Kolkata Shakespear Sarani Branch|
|• DCB Kondwa Branch||• DCB Kurla Branch||• DCB Mahim Branch|
|• DCB Mandvi Branch||• DCB Mira Road Branch||• DCB Muchhala Polytechnic Branch|
|• DCB Mumbai Dahisar Branch||• DCB Mumbai Fort Branch||• DCB Nana Rasana Branch|
|• DCB Netrang Branch||• DCB Nokha Branch||• DCB Parrys Corner Branch|
|• DCB Preet Vihar Branch||• DCB Pune Branch||• DCB Rangareddy Gaddiannaram Branch|
|• DCB Rangareddy Habsiguda Branch||• DCB Santacruz Branch||• DCB Secundrabad Branch|
|• DCB Surat Branch||• DCB Thane Branch||• DCB Thiruvallur Minjur Branch|
|• DCB Vapi Branch||• DCB Vashi Branch||• DCB Vidisha Panjh Branch|