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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. HDFC Bank
  4. Maharashtra
  5. Gargoti
  6. Kolhapur
  7. MICR: 416240503

MICR Code: 416240503

Bank: HDFC Bank
IFSC Code: Hdfc0002629
MICR Code: 416240503
Address: Bhagwa Chowk, Gram Panchyat Road, Opp. Hira Chitra Mandir, Gargoti Maharashtra 416209
City: Kolhapur
District: Gargoti
State: Maharashtra

What is MICR Code?

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.

Details of MICR Code

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 416240503.

  • In this case first three codes 416 is city code and it represents city Kolhapur.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 503 represents branch. In our case branch is located at address Bhagwa Chowk, Gram Panchyat Road, Opp. Hira Chitra Mandir, Gargoti Maharashtra 416209.

How to find micr code (for example 416240503) from bank account number?

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.