HDFC Bank Basti Basti Uttar Pradesh MICR CODE

Find MICR Codes for HDFC Bank Basti Basti Uttar Pradesh

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Basti
Contact Sujit Kurup / Anant Shinde / Sandeep Puthran 022-30751912/ 2041 / 2042
Bank Details Hdfc Bank Ltd Basti HDFC0001888
Location Basti, Basti
City Basti
District Basti
State Uttar Pradesh
Pincode 272001
Country IN
Address House no.1795, hotel giriraj,nr roadways crossing malviviya road
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 272240002 for Basti branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 272240002 of HDFC Bank Ltd, Basti branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Basti branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Hdfc Bank Ltd are available with micr code -

>>Basti >>Basti Iii >>Odwara

MICR code for HDFC Bank Basti

HDFC Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. HDFC Bank Ltd MICR code for Basti is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 272240002 is the MICR code of HDFC for Basti branch. MICR code for Basti branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for HDFC Bank Ltd Basti is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Basti branch in basti

The MICR code 272240002 is used in RBI cheque clearing process to identify the branch Basti and HDFC Bank Ltd bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of HDFC is typically in either of these two font’s: E-138 and CMC-7.

Copied!