HDFC Bank Badnawar Dhar Madhya Pradesh MICR CODE

Find MICR Codes for HDFC Bank Badnawar Dhar Madhya Pradesh

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Badnawar
Contact 98936 03333
Bank Details Hdfc Bank Ltd Badnawar HDFC0003013
Location Badnawar, Dhar
City Badnawar
District Dhar
State Madhya Pradesh
Pincode 454660
Country IN
Address Hdfc bank ltd., ward no. 13, petlawad road, badnawar, dhar, madhya pradesh 454660
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 454240504 for Badnawar 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 454240504 of HDFC Bank Ltd, Badnawar branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Badnawar 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 -

>>Badnawar

MICR code for HDFC Bank Badnawar

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 Badnawar 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. 454240504 is the MICR code of HDFC for Badnawar branch. MICR code for Badnawar 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 Badnawar is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Badnawar branch in badnawar

The MICR code 454240504 is used in RBI cheque clearing process to identify the branch Badnawar 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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