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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Development Credit Bank Ltd
  4. Maharashtra
  5. Kolhapur
  6. Kolhapur
  7. MICR: 416072002

MICR Code: 416072002

Bank: Development Credit Bank Ltd
IFSC Code: Dcbl0000196
MICR Code: 416072002
Address: Dcb Bank Ltd, Yashwant Vyapari Sankul, Opp. Bharat Petrol Pump, Nigadewadi, Uchgaon, Taluka - Karvir
City: Kolhapur
District: Kolhapur
State: Maharashtra

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 416072002.

  • In this case first three codes 416 is city code and it represents city Kolhapur.
  • 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 Dcb Bank Ltd, Yashwant Vyapari Sankul, Opp. Bharat Petrol Pump, Nigadewadi, Uchgaon, Taluka - Karvir.

How to find micr code (for example 416072002) 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.