MICR Code: 424072001

Bank: Development Credit Bank Ltd
IFSC Code: Dcbl0000208
MICR Code: 424072001
Address: Dcb Bank Ltd., Laling Branch, Plot No. P-64, Midc Area, Laling, Pin - 424006
City: Dhule
District: Laling
State: Maharashtra

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 424072001.

  • In this case first three codes 424 is city code and it represents city Dhule.
  • Next three characters 072 represents bank Development Credit Bank Ltd.
  • Remaining characters which are 001 represents branch. In our case branch is located at address Dcb Bank Ltd., Laling Branch, Plot No. P-64, Midc Area, Laling, Pin - 424006.

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.