HDFC Bank Nellore Nellore Andhra Pradesh MICR CODE

Find MICR Codes for HDFC Bank Nellore Nellore Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	524240003
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	Nellore
Contact	99494 93333
Bank Details	Hdfc Bank Ltd Nellore HDFC0002578

Location	Nellore, Nellore
City	Nellore
District	Nellore
State	Andhra Pradesh
Pincode	524003
Country	IN
Address	H.no:24 2 418, saraswathi nagar, near msr statue dargamitta nellore andhra pradesh 524003

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 524240003 for Nellore 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 524240003 of HDFC Bank Ltd, Nellore branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Nellore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Hdfc Bank Ltd are available with micr code -

>>Annamaya Circle Nellore >>Balaji Nagar >>Bv Nagar Nellore >>Childrens Park Nellore >>Dhanalakshmi Puram >>Narthaki Theatre Nellore >>Nellore >>Nellore Andhra Pradesh >>Podalakur Road >>Ramesh Reddy Nagar Nellore >>Stonehousepet >>Tada >>Vedayapalem

MICR code for HDFC Bank Nellore

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 Nellore 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. 524240003 is the MICR code of HDFC for Nellore branch. MICR code for Nellore 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 Nellore is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Nellore branch in nellore

The MICR code 524240003 is used in RBI cheque clearing process to identify the branch Nellore 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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