Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 231240003 belongs to HDFC Bank, Lalganj branch in Lalganj, Uttar Pradesh. The matching IFSC code is HDFC0007184.
How to read MICR 231240003
231: the city code. It usually follows the first digits of the area's PIN code; here it is Lalganj.
240: the bank code, the same for every branch of HDFC Bank in cheque clearing.
003: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (HDFC0007184 for this branch).
Before you deposit or write a cheque
Check that the MICR on the cheque matches the branch printed at the top of the leaf.
Use a CTS-2010 cheque; older formats are no longer cleared.
Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 231240003 belong to?
HDFC Bank, Lalganj branch (Lalganj, Uttar Pradesh).
What is the IFSC code for MICR 231240003?
HDFC0007184.
What do the digits of 231240003 mean?
231 is the city code, 240 the bank code and 003 the branch code.
