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HDFC Bank Baikunthpur Koriya Chhattisgarh MICR CODE

Find MICR Codes for HDFC Bank Baikunthpur Koriya Chhattisgarh

Bank
State
District
City
Branch
Address

MICR Code	497240502
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	Baikunthpur
Contact	98936 03333
Bank Details	Hdfc Bank Ltd Baikunthpur HDFC0002467

Location	Baikunthpur, Koriya
City	Baikunthpur
District	Koriya
State	Chhattisgarh
Pincode	497335
Country	IN
Address	Mayur hotel, main road, baikunthpur, dist. Koria chattisgarh 497335

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 497240502 for Baikunthpur 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 497240502 of HDFC Bank Ltd, Baikunthpur branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Baikunthpur 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 -

>>Baikunthpur

MICR code for HDFC Bank Baikunthpur

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 Baikunthpur 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. 497240502 is the MICR code of HDFC for Baikunthpur branch. MICR code for Baikunthpur 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 Baikunthpur is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Baikunthpur branch in baikunthpur

The MICR code 497240502 is used in RBI cheque clearing process to identify the branch Baikunthpur 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.