MICR Code: 431240402

Bank: HDFC Bank
IFSC Code: Hdfc0001991
MICR Code: 431240402
Address: Hingoli Nawa Mondha Pot No 8/163 Near State Bank Of India Hingoli Maharashtar
City: Hingoli
District: Hingoli
State: Maharashtra

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 431240402.

  • In this case first three codes 431 is city code and it represents city Hingoli.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 402 represents branch. In our case branch is located at address Hingoli Nawa Mondha Pot No 8/163 Near State Bank Of India Hingoli Maharashtar.

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.