MICR Code: 388240071

Bank: HDFC Bank
IFSC Code: Hdfc0000749
MICR Code: 388240071
Address: Shop No ,14,15,17, Akshar Complex, Anand Chowkdi, Borsad Gujarat 388540
City: Anand
District: Borsad
State: Gujarat

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 388240071.

  • In this case first three codes 388 is city code and it represents city Anand.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 071 represents branch. In our case branch is located at address Shop No ,14,15,17, Akshar Complex, Anand Chowkdi, Borsad Gujarat 388540.

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.