MICR Code: 152072002
| Bank: Development Credit Bank Ltd |
| IFSC Code: Dcbl0000134 |
| MICR Code: 152072002 |
| Address: Malhotra Building, Ground Floor, Near Baghdadi Gate, National Road, Opp. Pnb Bank, Ferozepur - 152002 |
| City: Ferozepur |
| District: Ferozepur |
| State: Punjab |
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 152072002.
- In this case first three codes 152 is city code and it represents city Ferozepur.
- 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 Malhotra Building, Ground Floor, Near Baghdadi Gate, National Road, Opp. Pnb Bank, Ferozepur - 152002.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.