MICR Code: 400240197
| Bank: HDFC Bank |
| IFSC Code: Hdfc0004696 |
| MICR Code: 400240197 |
| Address: Hdfc Bank Ltd Ground Floor Kohinoor Building Mauje Padagha Taluka Bhiwandi Thane Maharashtra421101 |
| City: Thane |
| District: Padgha |
| 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 400240197.
- In this case first three codes 400 is city code and it represents city Thane.
- Next three characters 240 represents bank HDFC Bank.
- Remaining characters which are 197 represents branch. In our case branch is located at address Hdfc Bank Ltd Ground Floor Kohinoor Building Mauje Padagha Taluka Bhiwandi Thane Maharashtra421101.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.