MICR Code: 160240014

Bank: HDFC Bank
IFSC Code: Hdfc0000450
MICR Code: 160240014
Address: Sco-382, Sector 37- Dchandigarhchandigarh160036
City: Chandigarh
District: Chandigarh
State: Haryana

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 160240014.

  • In this case first three codes 160 is city code and it represents city Chandigarh.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 014 represents branch. In our case branch is located at address Sco-382, Sector 37- Dchandigarhchandigarh160036.

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.