MICR Code: 562240002

Bank: HDFC Bank
IFSC Code: Hdfc0002583
MICR Code: 562240002
Address: Sri Bhavani Arcade, 1 St Flr, Beside Shanthi Sagar Hotel B.B. Road, Chickballapur Karnataka 562101
City: Kolar
District: Chikballapur
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 562240002.

  • In this case first three codes 562 is city code and it represents city Kolar.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Sri Bhavani Arcade, 1 St Flr, Beside Shanthi Sagar Hotel B.B. Road, Chickballapur Karnataka 562101.

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.