MICR Code: 423240153

Bank: HDFC Bank
IFSC Code: Hdfc0004161
MICR Code: 423240153
Address: Hdfc Bank Ltd Grd Flr Kothawade Building Survey1169 1170 1171 Deola Rd Ganeshnagar At Post Kalwan Nashik Maharashtra423501
City: Nasik
District: Nashik
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 423240153.

  • In this case first three codes 423 is city code and it represents city Nasik.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 153 represents branch. In our case branch is located at address Hdfc Bank Ltd Grd Flr Kothawade Building Survey1169 1170 1171 Deola Rd Ganeshnagar At Post Kalwan Nashik Maharashtra423501.

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.