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HSBC Indore Indore Madhya Pradesh MICR CODE

Find MICR Codes for HSBC Indore Indore Madhya Pradesh

MICR Code
Bank Hsbc
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Indore
Contact Unmesh Gogwekar Ph: 9993099900 E-Mail: Unmeshgogwekar@hsbc.Co.In
Bank Details Hsbc Indore HSBC0452002
Location Indore, Indore
City Indore
District Indore
State Madhya Pradesh
Pincode 452001
Country IN
Address Darshan mall, upper ground floor, 15/2, race course road, indore 452 001
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.

Search HSBC MICR Codes in indore

You can search through MICR Codes of Madhya Pradesh branches in indore of District indore in Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Hsbc are available with micr code -

>>Indore

How to find MICR codes for HSBC in indore?

HSBC indore MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From HSBC Bank MICR codes list for indore, one can further search by branch name specified in the table. You can find MICR codes for all HSBC indore branches.

HSBC Bank MICR code in indore

HSBC MICR code is a character recognition technology used by banks in the processing of cheques. HSBC Bank MICR code for indore branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Hongkong And Shanghai Banking Corporation branches in indore, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Hongkong And Shanghai Banking Corporation MICR code for indore branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a HSBC indore branch, sprinted 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. Thus MICR code for HSBC Bank indore branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Hongkong And Shanghai Banking Corporation MICR codes for indore branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!