HDFC Bank Katangi
Katangi · Balaghat, Madhya Pradesh
481240304 is the MICR code for the Katangi branch of HDFC Bank, located in Balaghat, 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 HDFC0008458.
Bank
HDFC Bank
Branch & Address
Katangi
HDFC Bank LTD Grd and 1st Floor Opp Sanjivani Clinic Nagpur Road Ward no 3 Katangi Dist Balaghat Katangi Madhya Pradesh 481445
Balaghat, Katangi, Madhya Pradesh
Contact
+9118002026161Codes for this Branch
MICR (cheques)
481240304
IFSC (online transfers)
HDFC0008458
SWIFT / BIC
HDFCINBB
MICR Code Structure
481
City
240
Bank
304
Branch
City code 481 identifies the RBI clearing centre, bank code 240 identifies HDFC Bank, and branch code 304 identifies this specific branch.
Online Payment Methods Supported
Other HDFC Bank branches near Balaghat
Other banks in Balaghat, 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 (HDFC0008458) 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 481240304 is in the middle, and your account number is on the right.