What is the IFSC code for MICR 500240178?

The IFSC code for HDFC Bank Rampally Cross Nagaram branch (MICR: 500240178) is HDFC0005620. 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 (500) represent the city/clearing centre, the next 3 digits (240) identify the bank, and the last 3 digits (178) identify the specific branch. For 500240178, the city code is 500, bank code is 240, and branch code is 178.

HDFC Bank Rampally Cross Nagaram

Q: Which bank does MICR code 500240178 belong to?

MICR code 500240178 belongs to HDFC Bank, Rampally Cross Nagaram branch, located at Grd Floor 33 6 3 Plot no 1 Survey no 577 584 585 Part Nagaram Medachal Malkagiri Medchal Malkajgiri Telangana 500062, Medchal Malkajgiri, Telangana. The corresponding IFSC code is HDFC0005620.

Rampally Cross Nagaram · Medchal Malkajgiri, Telangana

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500240178

500240178 is the MICR code for the Rampally Cross Nagaram branch of HDFC Bank, located in Medchal Malkajgiri, Telangana. 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 HDFC0005620.

Bank

HDFC Bank

Branch & Address

Rampally Cross Nagaram

Grd Floor 33 6 3 Plot no 1 Survey no 577 584 585 Part Nagaram Medachal Malkagiri Medchal Malkajgiri Telangana 500062

Medchal Malkajgiri, Medchal Malkajgiri, Telangana

Contact

+9118002026161

Codes for this Branch

MICR (cheques)

500240178

IFSC (online transfers)

HDFC0005620

View

SWIFT / BIC

HDFCINBB

MICR Code Structure

500

City

240

Bank

178

Branch

City code 500 identifies the RBI clearing centre, bank code 240 identifies HDFC Bank, and branch code 178 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other HDFC Bank branches near Medchal Malkajgiri

A S Rao Nagar Medchal Malkajgiri, Telangana HDFC0007109 Bachupally Ii Medchal Malkajgiri, Telangana HDFC0008488 Bhagya Nagar Colony Kukatpally Medchal Malkajgiri, Telangana HDFC0006702 Dhulapally Rd Medchal Malkajgiri, Telangana HDFC0007544 Ecil Main Road Medchal Malkajgiri, Telangana HDFC0007774 Gajularamaram Medchal Malkajgiri, Telangana HDFC0007381

Other banks in Medchal Malkajgiri, Telangana

AU Small Finance Bank 1 branch Axis Bank 9 branches Bank of Baroda 3 branches Bank of Maharashtra 4 branches Catholic Syrian Bank 2 branches City Union Bank 1 branch DCB Bank 1 branch Development Bank of Singapore 1 branch

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 (HDFC0005620) 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 500240178 is in the middle, and your account number is on the right.

View full branch details for IFSC HDFC0005620