HDFC Bank Damakheda Raipur Chhattisgarh MICR CODE

Find MICR Codes for HDFC Bank Damakheda Raipur Chhattisgarh

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Damakheda
Contact
Bank Details Hdfc Bank Ltd Damakheda HDFC0003921
Location Damakheda, Raipur
City Damakheda
District Raipur
State Chhattisgarh
Pincode 493101
Country IN
Address Ground flr near main hospital kirwai road vill damakheda chhattisgarh 493101
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 Damakheda 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, Damakheda branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Damakheda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Hdfc Bank Ltd are available with micr code -

>>Damakheda

MICR code for HDFC Bank Damakheda

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 Damakheda 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 Damakheda branch. MICR code for Damakheda 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 Damakheda is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Damakheda branch in damakheda

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