MICR Code: 509240202

Bank: HDFC Bank
IFSC Code: Hdfc0004330
MICR Code: 509240202
Address: Hdfc Bank Ltd Hno13 93 1 Nehru Nagar Shadnagar Mahabubnagar Telangana509216
City: Mahbubnagar
District: Mahbubnagar
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 509240202.

  • In this case first three codes 509 is city code and it represents city Mahbubnagar.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 202 represents branch. In our case branch is located at address Hdfc Bank Ltd Hno13 93 1 Nehru Nagar Shadnagar Mahabubnagar Telangana509216.

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.