MICR Code: 464072501

Bank: Development Credit Bank Ltd
IFSC Code: Dcbl0000161
MICR Code: 464072501
Address: D C B Bank Ltd. Phn No. 30, Dhokheda, Bareli, Raisen, Madhya Pradesh 464668
City: Raisen
District: Dhokheda
State: Madhya 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 464072501.

  • In this case first three codes 464 is city code and it represents city Raisen.
  • Next three characters 072 represents bank Development Credit Bank Ltd.
  • Remaining characters which are 501 represents branch. In our case branch is located at address D C B Bank Ltd. Phn No. 30, Dhokheda, Bareli, Raisen, Madhya Pradesh 464668.

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.