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It is very important to find MICR code 160240020 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the MICR Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify 160240020 MICR code branch is the cheque book. Most banks now print MICR Codes on the cheque books. Also, your account pass book should have the MICR Code printed.
160240020 is the MICR Code for Industrial Area Chandigarh branch of HDFC Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to HDFC Bank account. The address of Industrial Area Chandigarh branch is Plotno.28phase 1industrial area, chandigarh, which is located in Chandigarh District of Chandigarh State.
In HDFC Bank Ltd MICR Code, the first 4 characters (1602) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (0020) represent the HDFC branch code.
Find more information on MICR Code 160240020 of HDFC Bank Industrial Area Chandigarh Branch MICR Code Chandigarh for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 160240020 details before initiating any transaction!