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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Development Credit Bank Ltd
  4. Goa
  5. South Goa
  6. South Goa
  7. MICR: 403072005

MICR Code: 403072005

Bank: Development Credit Bank Ltd
IFSC Code: Dcbl0000054
MICR Code: 403072005
Address: Shop No.9 To 11, Vasco Citi Centre, Swatantra Path, Vasco, Goa 403 802
City: South Goa
District: South Goa
State: Goa

What is MICR Code?

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.

Details of MICR Code

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 403072005.

  • In this case first three codes 403 is city code and it represents city South Goa.
  • Next three characters 072 represents bank Development Credit Bank Ltd.
  • Remaining characters which are 005 represents branch. In our case branch is located at address Shop No.9 To 11, Vasco Citi Centre, Swatantra Path, Vasco, Goa 403 802.

How to find micr code (for example 403072005) from bank account number?

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.