HDFC Bank Khurda Khurda Orissa MICR CODE

Find MICR Codes for HDFC Bank Khurda Khurda Orissa

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Balugaon
Contact 99379 03333
Bank Details Hdfc Bank Ltd Balugaon HDFC0002980
Location Khurda, Khurda
City Khurda
District Khurda
State Orissa
Pincode 752030
Country IN
Address Hdfc bank ltd main road, dist - khurda, balugaon orissa 752030
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 752240402 for Balugaon 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 752240402 of HDFC Bank Ltd, Balugaon branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Balugaon branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Hdfc Bank Ltd are available with micr code -

>>Balugaon >>Bhubaneshwar 2Nd Orissa >>Bhubaneshwar Nayapalli >>Keranga >>Khurda >>Rasulgarh

MICR code for HDFC Bank Balugaon

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 Balugaon 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. 752240402 is the MICR code of HDFC for Balugaon branch. MICR code for Balugaon 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 Balugaon is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Balugaon branch in khurda

The MICR code 752240402 is used in RBI cheque clearing process to identify the branch Balugaon 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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