HDFC Bank Budaun Budaun Uttar Pradesh MICR CODE

Find MICR Codes for HDFC Bank Budaun Budaun Uttar Pradesh

Bank
State
District
City
Branch
Address

MICR Code	243240202
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	Budaun
Contact
Bank Details	Hdfc Bank Ltd Budaun HDFC0002620

Location	Budaun, Budaun
City	Budaun
District	Budaun
State	Uttar Pradesh
Pincode	243601
Country	IN
Address	Hdfc bank ltd jogipura, near sbi main branch, budaun uttar pradesh 243601

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 243240202 for Budaun 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 243240202 of HDFC Bank Ltd, Budaun branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Budaun 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 -

>>Budaun >>Budaun Ii >>Ujhani

MICR code for HDFC Bank Budaun

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 Budaun 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. 243240202 is the MICR code of HDFC for Budaun branch. MICR code for Budaun 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 Budaun is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Budaun branch in budaun

The MICR code 243240202 is used in RBI cheque clearing process to identify the branch Budaun 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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