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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. HDFC Bank
  4. Andhra Pradesh
  5. Hyderabad
  6. Hyderabad Urban
  7. MICR: 500240018

MICR Code: 500240018

Bank: HDFC Bank
IFSC Code: Hdfc0000700
MICR Code: 500240018
Address: 1/B-8, Door No 6-27, Venkateswaraco- Op Industrial Estae, Balanagar
City: Hyderabad Urban
District: Hyderabad
State: Andhra Pradesh

What is MICR Code?

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.

Details of MICR Code

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 500240018.

  • 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 018 represents branch. In our case branch is located at address 1/B-8, Door No 6-27, Venkateswaraco- Op Industrial Estae, Balanagar.

How to find micr code (for example 500240018) from bank account number?

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.