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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. HDFC Bank
  4. Maharashtra
  5. Pen
  6. Raigad
  7. MICR: 402240051

MICR Code: 402240051

Bank: HDFC Bank
IFSC Code: Hdfc0002631
MICR Code: 402240051
Address: Mukadam Palace, Shivaji Path, Teen Batti, Pen, Dist. Raigad Maharashtra 402 107
City: Raigad
District: Pen
State: Maharashtra

What is MICR Code?

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.

Details of MICR Code

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 402240051.

  • In this case first three codes 402 is city code and it represents city Raigad.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 051 represents branch. In our case branch is located at address Mukadam Palace, Shivaji Path, Teen Batti, Pen, Dist. Raigad Maharashtra 402 107.

How to find micr code (for example 402240051) from bank account number?

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.