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MICR code · Nalgonda

MICR code 508240402

MICR code
508240402
HDFC Bank, Bhongir
✔ Verified in RBI list
Bank
HDFC Bank
Branch
Bhongir
IFSC
HDFC0001635
Address
1-8-117/1 TO 120/1 MAIN ROAD DIST-NALGONDA
City
Nalgonda
District
Bhongir
State
Andhra Pradesh
City code
508
Bank code
240
Branch code
402
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 508240402 belongs to HDFC Bank, Bhongir branch in Nalgonda, Andhra Pradesh. The matching IFSC code is HDFC0001635.

How to read MICR 508240402

  • 508: the city code. It usually follows the first digits of the area's PIN code; here it is Nalgonda.
  • 240: the bank code, the same for every branch of HDFC Bank in cheque clearing.
  • 402: the branch code within that city and bank.

The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (HDFC0001635 for this branch).

Before you deposit or write a cheque

  • Check that the MICR on the cheque matches the branch printed at the top of the leaf.
  • Use a CTS-2010 cheque; older formats are no longer cleared.
  • Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.

Frequently asked questions

Which bank does MICR 508240402 belong to?

HDFC Bank, Bhongir branch (Nalgonda, Andhra Pradesh).

What is the IFSC code for MICR 508240402?

HDFC0001635.

What do the digits of 508240402 mean?

508 is the city code, 240 the bank code and 402 the branch code.

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