MICR Code: 505072002

Bank: Development Credit Bank Ltd
IFSC Code: Dcbl0000155
MICR Code: 505072002
Address: Rekurthi, Himabindu Bhavan, Jagityal Road, Rekurthi, District Karimnagar, State Andhra Pradesh 505002
City: Karimnagar
District: Rekurthi
State: Andhra Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 505072002.

  • In this case first three codes 505 is city code and it represents city Karimnagar.
  • Next three characters 072 represents bank Development Credit Bank Ltd.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Rekurthi, Himabindu Bhavan, Jagityal Road, Rekurthi, District Karimnagar, State Andhra Pradesh 505002.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.