DCB Bank Ghatkesar
Ghatkesar · Medchal, Telangana
501072002 is the MICR code for the Ghatkesar branch of DCB Bank, located in Medchal, Telangana. 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 DCBL0000384.
Bank
DCB Bank
Branch & Address
Ghatkesar
Ground Floor, H.no. 8-213, Broke Bond Colony, Medchal District, Ghatkesar - 501301
Medchal, Ghatkesar, Telangana
Contact
+918008948887MICR Code Structure
501
City
072
Bank
002
Branch
City code 501 identifies the RBI clearing centre, bank code 072 identifies DCB Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other DCB Bank branches near Medchal
Other banks in Medchal, Telangana
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 (DCBL0000384) 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 501072002 is in the middle, and your account number is on the right.