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HDFC Bank Salem Salem Tamil Nadu MICR CODE

Find MICR Codes for HDFC Bank Salem Salem Tamil Nadu

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shevapet
Contact 9840673333
Bank Details Hdfc Bank Ltd Shevapet HDFC0003673
Location Salem, Salem
City Salem
District Salem
State Tamil Nadu
Pincode 636002
Country IN
Address Hdfc bank ltd no 143 fort main road shevapet salem tamil nadu 636002
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 Shevapet 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, Shevapet branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Shevapet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Hdfc Bank Ltd are available with micr code -

>>Ammapet >>Brindhavan Road >>Car Street >>Gugai >>Kondalampatti >>Salem >>Sarada College Road >>Shevapet >>Sooramangalam >>Yercaud Road Salem

MICR code for HDFC Bank Shevapet

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

Use of HDFC Bank Ltd MICR code for Shevapet branch in salem

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