Which bank does MICR code 302240016 belong to?

MICR code 302240016 belongs to HDFC Bank, Bhankrota branch, located at HDFC Bank Ltdshree Nath Plazabhankrota, Jaipur, Rajasthan. The corresponding IFSC code is HDFC0001848.

What is the IFSC code for MICR 302240016?

The IFSC code for HDFC Bank Bhankrota branch (MICR: 302240016) is HDFC0001848. Use the IFSC code for NEFT, RTGS, IMPS, and UPI transfers. Use the MICR code for cheque clearance.

What do the digits in a MICR code mean?

A 9-digit MICR code has three parts: the first 3 digits (302) represent the city/clearing centre, the next 3 digits (240) identify the bank, and the last 3 digits (016) identify the specific branch. For 302240016, the city code is 302, bank code is 240, and branch code is 016.

HDFC Bank Bhankrota

Bhankrota · Jaipur, Rajasthan

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302240016

302240016 is the MICR code for the Bhankrota branch of HDFC Bank, located in Jaipur, Rajasthan. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code HDFC0001848.

Bank

HDFC Bank

Branch & Address

Bhankrota

HDFC Bank Ltdshree Nath Plazabhankrota

Jaipur, Jaipur, Rajasthan

Contact

+919875003333

Codes for this Branch

MICR (cheques)

302240016

IFSC (online transfers)

HDFC0001848

View

SWIFT / BIC

HDFCINBB

MICR Code Structure

302

City

240

Bank

016

Branch

City code 302 identifies the RBI clearing centre, bank code 240 identifies HDFC Bank, and branch code 016 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other HDFC Bank branches near Jaipur

Adarsh Nagar Jaipur, Rajasthan HDFC0005187 Ajmer Road, Jaipur Jaipur, Rajasthan HDFC0002837 Ambabari Jaipur, Rajasthan HDFC0004771 Amit Bharadwag Marg Malviya Nagar Jaipur, Rajasthan HDFC0006030 Amrapali Marg Nursary Circle Jaipur, Rajasthan HDFC0005959 Apex Circle Jaipur, Rajasthan HDFC0007254

Other banks in Jaipur, Rajasthan

AU Small Finance Bank 39 branches Axis Bank 50 branches Bandhan Bank 9 branches Bank of Baroda 91 branches Bank of India 45 branches Bank of Maharashtra 13 branches Bombay Mercantile Co-operative Bank 1 branch Canara Bank 72 branches

About MICR Codes

What is a MICR code used for?

MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.

MICR vs IFSC — when do I use which?

Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (HDFC0001848) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.

Where is the MICR code on a cheque?

The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 302240016 is in the middle, and your account number is on the right.

View full branch details for IFSC HDFC0001848