HDFC Bank Scheme Fifty Four Indore
Scheme Fifty Four Indore · Indore, Madhya Pradesh
452240026 is the MICR code for the Scheme Fifty Four Indore branch of HDFC Bank, located in Indore, Madhya Pradesh. 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 HDFC0007244.
Bank
HDFC Bank
Branch & Address
Scheme Fifty Four Indore
Ground Floor Ef 32 Scheme no 54 Vijay Nagar Opp Marriott Hotel Indore Madhya Pradesh 452010
Indore, Indore, Madhya Pradesh
Contact
+9118602676161Codes for this Branch
MICR (cheques)
452240026
IFSC (online transfers)
HDFC0007244
SWIFT / BIC
HDFCINBB
MICR Code Structure
452
City
240
Bank
026
Branch
City code 452 identifies the RBI clearing centre, bank code 240 identifies HDFC Bank, and branch code 026 identifies this specific branch.
Online Payment Methods Supported
Other HDFC Bank branches near Indore
Other banks in Indore, Madhya Pradesh
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 (HDFC0007244) 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 452240026 is in the middle, and your account number is on the right.