HDFC Bank Raisen Raisen Madhya Pradesh MICR CODE

Find MICR Codes for HDFC Bank Raisen Raisen Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Hdfc Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Begamganj
Contact
Bank Details	Hdfc Bank Ltd Begamganj HDFC0005153

Location	Raisen, Raisen
City	Raisen
District	Raisen
State	Madhya Pradesh
Pincode	464881
Country	IN
Address	Ground floor shobhagya mall old bus stand begamganj raisen madhya pradesh 464881

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 0 for Begamganj 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 0 of HDFC Bank Ltd, Begamganj branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Begamganj 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 -

>>Baraily >>Begamganj >>Raisen

MICR code for HDFC Bank Begamganj

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 Begamganj 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. 0 is the MICR code of HDFC for Begamganj branch. MICR code for Begamganj 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 Begamganj is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Begamganj branch in raisen

The MICR code 0 is used in RBI cheque clearing process to identify the branch Begamganj 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.

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