HDFC Bank Paramathy Velur
Paramathy Velur · Namakkal, Tamil Nadu
638240014 is the MICR code for the Paramathy Velur branch of HDFC Bank, located in Namakkal, Tamil Nadu. 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 HDFC0007630.
Bank
HDFC Bank
Branch & Address
Paramathy Velur
No 184 Raja Complex Siva Theater Corner Taluk Paramathi Velur Velur Tamil Nadu 638182
Namakkal, Velur, Tamil Nadu
Contact
+9114161606161Codes for this Branch
MICR (cheques)
638240014
IFSC (online transfers)
HDFC0007630
SWIFT / BIC
HDFCINBB
MICR Code Structure
638
City
240
Bank
014
Branch
City code 638 identifies the RBI clearing centre, bank code 240 identifies HDFC Bank, and branch code 014 identifies this specific branch.
Online Payment Methods Supported
Other HDFC Bank branches near Namakkal
Other banks in Namakkal, Tamil Nadu
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 (HDFC0007630) 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 638240014 is in the middle, and your account number is on the right.