HDFC Bank Srinagar Colony
Srinagar Colony · Hyderabad, Andhra Pradesh
500240025 is the MICR code for the Srinagar Colony branch of HDFC Bank, located in Hyderabad, Andhra 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 HDFC0001554.
Bank
HDFC Bank
Branch & Address
Srinagar Colony
8-3-1013/1, Plot No.28sunil Towers, Srinagar Colony, Yellaredyguda,
Hyderabad, Hyderabad, Andhra Pradesh
Contact
+919949493333Codes for this Branch
MICR (cheques)
500240025
IFSC (online transfers)
HDFC0001554
SWIFT / BIC
HDFCINBB
MICR Code Structure
500
City
240
Bank
025
Branch
City code 500 identifies the RBI clearing centre, bank code 240 identifies HDFC Bank, and branch code 025 identifies this specific branch.
Online Payment Methods Supported
Other HDFC Bank branches near Hyderabad
Other banks in Hyderabad, Andhra 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 (HDFC0001554) 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 500240025 is in the middle, and your account number is on the right.