HDFC Bank Nizam Sagar Road
Nizam Sagar Road · Kamareddy, Telangana
503240015 is the MICR code for the Nizam Sagar Road branch of HDFC Bank, located in Kamareddy, 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 HDFC0006166.
Bank
HDFC Bank
Branch & Address
Nizam Sagar Road
Building Bearing M no 15 76 1 Grd Flr Bhagat Singh Statue Devanpally Nizam Sagar Road Kamareddy Telangana 503111
Kamareddy, Kamareddy, Telangana
Contact
+9118002026161Codes for this Branch
MICR (cheques)
503240015
IFSC (online transfers)
HDFC0006166
SWIFT / BIC
HDFCINBB
MICR Code Structure
503
City
240
Bank
015
Branch
City code 503 identifies the RBI clearing centre, bank code 240 identifies HDFC Bank, and branch code 015 identifies this specific branch.
Online Payment Methods Supported
Other HDFC Bank branches near Kamareddy
Other banks in Kamareddy, Telangana
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 (HDFC0006166) 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 503240015 is in the middle, and your account number is on the right.