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HDFC Bank Janjgir Champa Champa Chhattisgarh MICR CODE

Find MICR Codes for HDFC Bank Janjgir Champa Champa Chhattisgarh

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kosa
Contact 9893603333
Bank Details Hdfc Bank Ltd Kosa HDFC0004856
Location Janjgir Champa, Champa
City Janjgir Champa
District Champa
State Chhattisgarh
Pincode 495671
Country IN
Address Hdfc bank ltd ground floor atal bazar gram kosa dist janjgir champa bilaspur cgh chhattisgarh 495663
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 495240512 for Kosa 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 495240512 of HDFC Bank Ltd, Kosa branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Kosa 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 -

>>Kosa

MICR code for HDFC Bank Kosa

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 Kosa 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. 495240512 is the MICR code of HDFC for Kosa branch. MICR code for Kosa 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 Kosa is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Kosa branch in janjgir champa

The MICR code 495240512 is used in RBI cheque clearing process to identify the branch Kosa 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.