MICR Code: 500240011

Bank: HDFC Bank
IFSC Code: Hdfc0000365
MICR Code: 500240011
Address: Sgm Mall, 12-2-825 & 826, Mehdipatnamhyderabadandhra Pradesh500028
City: Hyderabad Urban
District: Hyderabad
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 500240011.

  • In this case first three codes 500 is city code and it represents city Hyderabad Urban.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 011 represents branch. In our case branch is located at address Sgm Mall, 12-2-825 & 826, Mehdipatnamhyderabadandhra Pradesh500028.

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.