MICR Code: 508240502

Bank: HDFC Bank
IFSC Code: Hdfc0004341
MICR Code: 508240502
Address: Hno3 388 1 Ground Floor Ganesh Nagar Main Road Choutuppal Dist Nalgonda Choutuppal Telangana 508252
City: Nalgonda
District: Choutuppal
State: Telangana

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 508240502.

  • In this case first three codes 508 is city code and it represents city Nalgonda.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 502 represents branch. In our case branch is located at address Hno3 388 1 Ground Floor Ganesh Nagar Main Road Choutuppal Dist Nalgonda Choutuppal Telangana 508252.

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.