HDFC Bank Shahapur Gulbarga Karnataka MICR CODE

Find MICR Codes for HDFC Bank Shahapur Gulbarga Karnataka

Bank
State
District
City
Branch
Address

MICR Code	585240505
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	Shahpur
Contact	99458 63333
Bank Details	Hdfc Bank Ltd Shahpur HDFC0002575

Location	Shahapur, Gulbarga
City	Shahapur
District	Gulbarga
State	Karnataka
Pincode	585223
Country	IN
Address	Raj complex, 10-85-81 and 10-85-87, upper grd. Flr, b b road, s b nagar, shahpur, gulbarga karnataka 585223

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 585240505 for Shahpur 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 585240505 of HDFC Bank Ltd, Shahpur branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Shahpur 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 -

>>Shahpur

MICR code for HDFC Bank Shahpur

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 Shahpur 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. 585240505 is the MICR code of HDFC for Shahpur branch. MICR code for Shahpur 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 Shahpur is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Shahpur branch in shahapur

The MICR code 585240505 is used in RBI cheque clearing process to identify the branch Shahpur 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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