MICR Code: 423069101

Bank: HDFC Bank
IFSC Code: Hdfc0cbmc50
MICR Code: 423069101
Address: Opp.A.T.T. High Schoolkidwai Road, Malegaon 423203
City: Malegaon
District: Malegaon
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 423069101.

  • In this case first three codes 423 is city code and it represents city Malegaon.
  • Next three characters 069 represents bank HDFC Bank.
  • Remaining characters which are 101 represents branch. In our case branch is located at address Opp.A.T.T. High Schoolkidwai Road, Malegaon 423203.

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.