HDFC Bank Guntur Guntur Andhra Pradesh MICR CODE

Find MICR Codes for HDFC Bank Guntur Guntur Andhra Pradesh

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kothapet Branch Guntur
Contact 9949493333
Bank Details Hdfc Bank Ltd Kothapet Branch Guntur HDFC0004266
Location Guntur, Guntur
City Guntur
District Guntur
State Andhra Pradesh
Pincode 522001
Country IN
Address Ground floor s v r empire kothapet guntur guntur andhra pradesh522001
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 522240582 for Kothapet Branch Guntur 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 522240582 of HDFC Bank Ltd, Kothapet Branch Guntur branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Kothapet Branch Guntur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Kothapet Branch Guntur

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 Kothapet Branch Guntur 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. 522240582 is the MICR code of HDFC for Kothapet Branch Guntur branch. MICR code for Kothapet Branch Guntur 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 Kothapet Branch Guntur is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Kothapet Branch Guntur branch in guntur

The MICR code 522240582 is used in RBI cheque clearing process to identify the branch Kothapet Branch Guntur 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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