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It is very important to find MICR code 416240005 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 416240005 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.
416240005 is the MICR Code for Kagal branch of HDFC Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to HDFC Bank account. The address of Kagal branch is Hdfc bank ltd. Survey no.-532, ring road near sbi, dist. Kolhapur maharashtra 416216, which is located in Kolhapur District of Maharashtra State.
In HDFC Bank Ltd MICR Code, the first 4 characters (4162) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (0005) represent the HDFC branch code.
Find more information on MICR Code 416240005 of HDFC Bank Kagal Branch MICR Code Kolhapur for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 416240005 details before initiating any transaction!