MICR Code: 520048002
| Bank: The Dhanalakshmi Bank Ltd |
| IFSC Code: Dlxb0000180 |
| MICR Code: 520048002 |
| Address: 59-14-8, Silpa Arcade Ramachandra Nagar Ring Road Vijayawada |
| City: Vijayawada |
| District: Vijayawada |
| State: Andhra 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 520048002.
- In this case first three codes 520 is city code and it represents city Vijayawada.
- Next three characters 048 represents bank The Dhanalakshmi Bank Ltd.
- Remaining characters which are 002 represents branch. In our case branch is located at address 59-14-8, Silpa Arcade Ramachandra Nagar Ring Road Vijayawada.
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.