MICR Code: 502240562

Bank: HDFC Bank
IFSC Code: Hdfc0004389
MICR Code: 502240562
Address: Hdfc Bank Ltd 8 68 8 B Opp Market Committee Yard Jogipet Medak Andhra Pradesh 502270
City: Medak
District: Jogipet
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 502240562.

  • In this case first three codes 502 is city code and it represents city Medak.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 562 represents branch. In our case branch is located at address Hdfc Bank Ltd 8 68 8 B Opp Market Committee Yard Jogipet Medak Andhra Pradesh 502270.

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.