MICR Code: 160240072

Bank: HDFC Bank
IFSC Code: Hdfc0003549
MICR Code: 160240072
Address: Hdfc Bank Ltd., Vpo Samgauli, Tehsil Dera Bassi, Patiala Punjab 140507
City: Patiala
District: Samgoli
State: Punjab

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 160240072.

  • In this case first three codes 160 is city code and it represents city Patiala.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 072 represents branch. In our case branch is located at address Hdfc Bank Ltd., Vpo Samgauli, Tehsil Dera Bassi, Patiala Punjab 140507.

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.