MICR Code: 508240542

Bank: HDFC Bank
IFSC Code: Hdfc0009018
MICR Code: 508240542
Address: H No 13 32 Beside Sai Baba Temple Main Road Nakrekal Nakrekal Telangana508211
City: Nalgonda
District: Nakrekal
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 508240542.

  • 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 542 represents branch. In our case branch is located at address H No 13 32 Beside Sai Baba Temple Main Road Nakrekal Nakrekal Telangana508211.

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.