MICR Code: 507240003

Bank: HDFC Bank
IFSC Code: Hdfc0004146
MICR Code: 507240003
Address: Hdfc Bank Ltd D No 2 3 117 Gandhi Chowk Khammam Telangana 507001
City: Khammam
District: Khammam
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 507240003.

  • In this case first three codes 507 is city code and it represents city Khammam.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Hdfc Bank Ltd D No 2 3 117 Gandhi Chowk Khammam Telangana 507001.

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.