MICR Code: 480240101

Bank: HDFC Bank
IFSC Code: Hdfc0001777
MICR Code: 480240101
Address: Nahata Agriculture Farm Equipmentkachari Chowkjabalpur Road
City: Seoni
District: Seoni
State: Madhya Pradesh

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 480240101.

  • In this case first three codes 480 is city code and it represents city Seoni.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 101 represents branch. In our case branch is located at address Nahata Agriculture Farm Equipmentkachari Chowkjabalpur Road.

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.