MICR Code: 414240005

Bank: HDFC Bank
IFSC Code: Hdfc0004185
MICR Code: 414240005
Address: Hdfc Bank Ltd Laxmi Nagar Near New Court Building Shevgaon Ahmednagar Maharashtra414502
City: Ahmadnagar
District: Shevgaon
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 414240005.

  • In this case first three codes 414 is city code and it represents city Ahmadnagar.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 005 represents branch. In our case branch is located at address Hdfc Bank Ltd Laxmi Nagar Near New Court Building Shevgaon Ahmednagar Maharashtra414502.

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.