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Hdfc Bank Bilaspur Bilaspur Chhattisgarh MICR CODE

Find MICR Codes for Hdfc Bank Bilaspur Bilaspur Chhattisgarh

MICR Code:
Bank: Hdfc Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Bilaspur Chattisgarh
Contact: Sujit Kurup / Anant Shinde / Sandeep Puthran 022-30751912/ 2041 / 2042
Bank Details: Hdfc Bank Ltd Bilaspur Chattisgarh HDFC0000771
Location: Bilaspur, Bilaspur
City: Bilaspur
District: Bilaspur
State: Chhattisgarh
Pincode: 495001
Country: IN
Address: A-99, link road, near natraj hotel bilaspur chattisgarh 495001
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 495240002 for Bilaspur Chattisgarh 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 495240002 of Hdfc Bank Ltd, Bilaspur Chattisgarh branch makes the system almost error free and faster. Use of Hdfc Bank Ltd MICR codes for Bilaspur Chattisgarh branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Hdfc Bank Bilaspur Chattisgarh

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 Bilaspur Chattisgarh 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. 495240002 is the MICR code of Hdfc Bank for Bilaspur Chattisgarh branch. MICR code for Bilaspur Chattisgarh 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 Bilaspur Chattisgarh is presented in the table alongside.

Use of Hdfc Bank Ltd MICR code for Bilaspur Chattisgarh branch in bilaspur

The MICR code 495240002 is used in RBI cheque clearing process to identify the branch Bilaspur Chattisgarh 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 Bank is typically in either of these two font’s: E-138 and CMC-7.