MICR Code: 400072038

Bank: Development Credit Bank Ltd
IFSC Code: Dcbl0000094
MICR Code: 400072038
Address: Gautam Govind, Ambadi Road, Next Suryoday Bajaj Show Room, Vasai Road (W), Thane - 401 202
City: Thane
District: Thane
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 400072038.

  • In this case first three codes 400 is city code and it represents city Thane.
  • Next three characters 072 represents bank Development Credit Bank Ltd.
  • Remaining characters which are 038 represents branch. In our case branch is located at address Gautam Govind, Ambadi Road, Next Suryoday Bajaj Show Room, Vasai Road (W), Thane - 401 202.

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.