DCB Bank Parsada
Parsada · Bilaspur, Chhattisgarh
495072001 is the MICR code for the Parsada branch of DCB Bank, located in Bilaspur, Chhattisgarh. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code DCBL0000200.
Bank
DCB Bank
Branch & Address
Parsada
D C B Bank Ltd.parsada Branch, Dadaji Late Ramfal Complex, Raipur Road, Village & Post Parsada Tifra, Block Bilha, District Bilaspur, Chhattisgarh 495220
Bilaspur, Parsada, Chhattisgarh
Contact
+9118002095363MICR Code Structure
495
City
072
Bank
001
Branch
City code 495 identifies the RBI clearing centre, bank code 072 identifies DCB Bank, and branch code 001 identifies this specific branch.
Online Payment Methods Supported
Other DCB Bank branches near Bilaspur
Other banks in Bilaspur, Chhattisgarh
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (DCBL0000200) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 495072001 is in the middle, and your account number is on the right.