MICR Code: 585240502

Bank: HDFC Bank
IFSC Code: Hdfc0002098
MICR Code: 585240502
Address: Basavakalyan Khuba Complex, Tripurant, Basavakalyan, Bidar Basavakalyan Karnataka
City: Bidar
District: Basavakalyan
State: Karnataka

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 585240502.

  • In this case first three codes 585 is city code and it represents city Bidar.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 502 represents branch. In our case branch is located at address Basavakalyan Khuba Complex, Tripurant, Basavakalyan, Bidar Basavakalyan Karnataka.

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.