MICR Code: 400240198

Bank: HDFC Bank
IFSC Code: Hdfc0009111
MICR Code: 400240198
Address: Basement Floor Shop No 106 107 Karia Arcade Ulhasnagar Thane Maharashtra421003
City: Thane
District: Ulhasnagar
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 400240198.

  • 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 198 represents branch. In our case branch is located at address Basement Floor Shop No 106 107 Karia Arcade Ulhasnagar Thane Maharashtra421003.

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.