HDFC Bank Baloda
Baloda · Janjgir Champa, Chhattisgarh
495240020 is the MICR code for the Baloda branch of HDFC Bank, located in Janjgir Champa, Chhattisgarh. 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 HDFC0011327.
Bank
HDFC Bank
Branch & Address
Baloda
HDFC Bank LTD Grd Floor Ward 15 nr Chandan Agency Baba Traders Korba Road Baloda Baloda Chhattisgarh 495559
Janjgir Champa, Baloda, Chhattisgarh
Contact
+9118002026161Codes for this Branch
MICR (cheques)
495240020
IFSC (online transfers)
HDFC0011327
SWIFT / BIC
HDFCINBB
MICR Code Structure
495
City
240
Bank
020
Branch
City code 495 identifies the RBI clearing centre, bank code 240 identifies HDFC Bank, and branch code 020 identifies this specific branch.
Online Payment Methods Supported
Other HDFC Bank branches near Janjgir Champa
Other banks in Janjgir Champa, Chhattisgarh
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 (HDFC0011327) 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 495240020 is in the middle, and your account number is on the right.