MICR Code: 580240002

Bank: HDFC Bank
IFSC Code: Hdfc0000254
MICR Code: 580240002
Address: Hdfc Bank Ltd Mohinder Plaza Cts No 441 A6 1 And 441 11 B2 Ward No 1 T B Road Deshpande Nagar Hubli Karnataka 580029
City: Dharwad
District: Hubli
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 580240002.

  • In this case first three codes 580 is city code and it represents city Dharwad.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Hdfc Bank Ltd Mohinder Plaza Cts No 441 A6 1 And 441 11 B2 Ward No 1 T B Road Deshpande Nagar Hubli Karnataka 580029.

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.