HDFC Bank Ratlam Alot Madhya Pradesh MICR CODE

Find MICR Codes for HDFC Bank Ratlam Alot Madhya Pradesh

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MICR Code	457240004
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	Alot
Contact	731-6160616
Bank Details	Hdfc Bank Ltd Alot HDFC0005968

Location	Ratlam, Alot
City	Ratlam
District	Alot
State	Madhya Pradesh
Pincode	457114
Country	IN
Address	Sr no 183 and 192 ward no 13 malgodam road alot madhya pradesh 457114

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 457240004 for Alot 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 457240004 of HDFC Bank Ltd, Alot branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Alot 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 -

>>Alot

MICR code for HDFC Bank Alot

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 Alot 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. 457240004 is the MICR code of HDFC for Alot branch. MICR code for Alot 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 Alot is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Alot branch in ratlam

The MICR code 457240004 is used in RBI cheque clearing process to identify the branch Alot 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.

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