MICR Code: 160240035

Bank: HDFC Bank
IFSC Code: Hdfc0001395
MICR Code: 160240035
Address: Sco 265 Sector 16 Panchkula
City: Panchkula
District: Panchkula
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 160240035.

  • In this case first three codes 160 is city code and it represents city Panchkula.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 035 represents branch. In our case branch is located at address Sco 265 Sector 16 Panchkula.

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.