HDFC Bank Vishakhapatnam Visakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for HDFC Bank Vishakhapatnam Visakhapatnam Andhra Pradesh

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kurmannapalem Vizag Steel
Contact 1860-2676161
Bank Details Hdfc Bank Ltd Kurmannapalem Vizag Steel HDFC0006302
Location Vishakhapatnam, Visakhapatnam
City Vishakhapatnam
District Visakhapatnam
State Andhra Pradesh
Pincode 530046
Country IN
Address 31 42 1 2 bhagiradhi nilayam duvvada station road kurmannapalem visakhapatnam andhra pradesh 530046
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 530240024 for Kurmannapalem Vizag Steel 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 530240024 of HDFC Bank Ltd, Kurmannapalem Vizag Steel branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Kurmannapalem Vizag Steel branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Kurmannapalem Vizag Steel

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 Kurmannapalem Vizag Steel 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. 530240024 is the MICR code of HDFC for Kurmannapalem Vizag Steel branch. MICR code for Kurmannapalem Vizag Steel 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 Kurmannapalem Vizag Steel is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Kurmannapalem Vizag Steel branch in vishakhapatnam

The MICR code 530240024 is used in RBI cheque clearing process to identify the branch Kurmannapalem Vizag Steel 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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