DCB Bank was established in 1930. DCB Bank is a new generation private sector bank. It has 352 branches in 19 states and 3 union territories. It is a scheduled commercial bank regulated by the Reserve Bank of India. It is professionally managed and governed. DCB Bank has contemporary technology and infrastructure for its customers including state-of-the-art Internet Banking. The business segments of DCB Bank are Retail, Micro-SME, SME, Mid-Corporate, Agriculture, Commodity, Government, Public Sector, Indian. DCB Bank has around 600,000 customers. The Bank’s state-of-the-art, customer friendly branch network is located in Andhra Pradesh, Bihar, Chhattisgarh, Daman, Delhi/NCR, Goa, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh. , Maharashtra, Odisha, Punjab, Rajasthan, Silvassa, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand and West Bengal. Its promoter and promoter group Aga Khan Fund for Economic Development (AKFED) and Platinum Jubilee Investments Limited hold 15% of share is low. AKFED is an international development enterprise. It is dedicated to promoting entrepreneurship and building financially sound companies.
What is BIC ?
The BIC or Bank symbol Code (also referred to as the SWIFT address) is a unique address that in payment messages identifies exactly the bank concerned in monetary transactions. once employed in conjunction with the IBAN it identifies the bank at that the account of the beneficiary is command.
What is RTN ?
Bank routing number or routing transit number (RTN) is a nine digit number used to identify a financial institution in a transaction. Internation banks Routing Code, Bank Identifier Code (BIC) & SWIFT codes are basically the same.
What is Bank BSR Code
Basic Statistical Return (BSR) Income Tax Department's initiative to receive information and maintain records of tax paid through banks through online upload of challan details is named as OLTAS (Online Tax Accounting System).
What is MICR Code?
The Magnetic Ink Character Recognition Code (MICR) is a numeric code that uniquely identifies a Bank-Branch participating in the ECS Credit scheme. MICR code consists of 9 digits e.g 500447125
- First 3 digits represent the city (500447125)
- Next 3 digits represent the bank (500447125)
- Last 3 digits represent the branch (500447125)
The MICR Code assigned to a bank branch is written on the MICR band of cheque leaves issued by bank branches.