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It is very important to find MICR code 500240054 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 500240054 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.
500240054 is the MICR Code for Madeenaguda branch of HDFC Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to HDFC Bank account. The address of Madeenaguda branch is Shop no 210,211,212 1st floor yashoda pearl madeenaguda andhra pradesh 500050, which is located in Hyderabad District of Andhra Pradesh State.
In HDFC Bank Ltd MICR Code, the first 4 characters (5002) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (0054) represent the HDFC branch code.
Find more information on MICR Code 500240054 of HDFC Bank Madeenaguda Branch MICR Code Hyderabad for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 500240054 details before initiating any transaction!