MICR Code: 431240507

Bank: HDFC Bank
IFSC Code: Hdfc0004373
MICR Code: 431240507
Address: Hdfc Bank Ltd Pishor Naka Pande Squre Kannad Kannad Maharashtra 431103
City: Aurangabad
District: Kannad
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 431240507.

  • In this case first three codes 431 is city code and it represents city Aurangabad.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 507 represents branch. In our case branch is located at address Hdfc Bank Ltd Pishor Naka Pande Squre Kannad Kannad Maharashtra 431103.

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.