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It is very important to find MICR code 507240542 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 507240542 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.
507240542 is the MICR Code for Palwancha branch of HDFC Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to HDFC Bank account. The address of Palwancha branch is Hdfc bank ltd., ground floor, 8-1-218, natraj centre, paloncha, khammam andhra pradesh 507115, which is located in Nizamabad District of Andhra Pradesh State.
In HDFC Bank Ltd MICR Code, the first 4 characters (5072) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (0542) represent the HDFC branch code.
Find more information on MICR Code 507240542 of HDFC Bank Palwancha Branch MICR Code Palwancha for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 507240542 details before initiating any transaction!