1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. HDFC Bank
  4. Maharashtra
  5. Satana
  6. Nasik
  7. MICR: 423240501

MICR Code: 423240501

Bank: HDFC Bank
IFSC Code: Hdfc0002142
MICR Code: 423240501
Address: Satana Shop No.2, Shri Swami Samarth Sankul Malegaon Road Dist- Nasik Pin 423301
City: Nasik
District: Satana
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 423240501.

  • 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 501 represents branch. In our case branch is located at address Satana Shop No.2, Shri Swami Samarth Sankul Malegaon Road Dist- Nasik Pin 423301.

How to find micr code (for example 423240501) 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.