MICR Code: 132240012

Bank: HDFC Bank
IFSC Code: Hdfc0003423
MICR Code: 132240012
Address: Khasra No.16-8-2, 91-2-2, Huda Bypass, Opp Malik Petrol Pump, Sanauli Road Panipat Haryana 132103
City: Panipat
District: Panipat
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 132240012.

  • In this case first three codes 132 is city code and it represents city Panipat.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 012 represents branch. In our case branch is located at address Khasra No.16-8-2, 91-2-2, Huda Bypass, Opp Malik Petrol Pump, Sanauli Road Panipat Haryana 132103.

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.