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It is very important to find MICR code 160240037 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 160240037 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.
160240037 is the MICR Code for Derabassi Punjab branch of HDFC Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to HDFC Bank account. The address of Derabassi Punjab branch is Sadashiv complexchandigarh-ambala highwayderabassi,distt - mohali, which is located in Patiala District of Punjab 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 (0037) represent the HDFC branch code.
Find more information on MICR Code 160240037 of HDFC Bank Derabassi Punjab Branch MICR Code Dera Bassi for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 160240037 details before initiating any transaction!