1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. HDFC Bank
  4. Andhra Pradesh
  5. Palwancha
  6. Nizamabad
  7. MICR: 507240542

MICR Code: 507240542

Bank: HDFC Bank
IFSC Code: Hdfc0002641
MICR Code: 507240542
Address: Hdfc Bank Ltd., Ground Floor, 8-1-218, Natraj Centre, Paloncha, Khammam Andhra Pradesh 507115
City: Nizamabad
District: Palwancha
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 507240542.

  • In this case first three codes 507 is city code and it represents city Nizamabad.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 542 represents branch. In our case branch is located at address Hdfc Bank Ltd., Ground Floor, 8-1-218, Natraj Centre, Paloncha, Khammam Andhra Pradesh 507115.

How to find micr code (for example 507240542) 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.