MICR Code: 502240502

Bank: HDFC Bank
IFSC Code: Hdfc0002395
MICR Code: 502240502
Address: D. No 3 9 129 A 1 Auto Nagar Medak Town Medak Andhra Pradesh 502110
City: Medak
District: Medak
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 502240502.

  • 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 502 represents branch. In our case branch is located at address D. No 3 9 129 A 1 Auto Nagar Medak Town Medak Andhra Pradesh 502110.

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.