MICR Code: 503240009

Bank: HDFC Bank
IFSC Code: Hdfc0004250
MICR Code: 503240009
Address: Hdfc Bank Ltd No 6 26 133 Grnd Flr Namdevwada Shradhanand Gunj Road Dubba Road Nizamabad Telangana 503001
City: Nizamabad
District: Nizamabad
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 503240009.

  • In this case first three codes 503 is city code and it represents city Nizamabad.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 009 represents branch. In our case branch is located at address Hdfc Bank Ltd No 6 26 133 Grnd Flr Namdevwada Shradhanand Gunj Road Dubba Road Nizamabad Telangana 503001.

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.