HDFC Bank Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for HDFC Bank Hyderabad Hyderabad Andhra Pradesh

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Address

MICR Code	500240052
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	Banjara Hill Road No. 3
Contact	99494 93333
Bank Details	Hdfc Bank Ltd Banjara Hill Road No. 3 HDFC0002391

Location	Hyderabad, Hyderabad
City	Hyderabad
District	Hyderabad
State	Andhra Pradesh
Pincode	500034
Country	IN
Address	Banjara hill road no. 3,banjara,hyderabad, andhra pradesh,500034

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 500240052 for Banjara Hill Road No. 3 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 500240052 of HDFC Bank Ltd, Banjara Hill Road No. 3 branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Banjara Hill Road No. 3 branch, makes the characters readable even if there are other marks and stamps on it.

A total of 45 branches of Hdfc Bank Ltd are available with micr code -

MICR code for HDFC Bank Banjara Hill Road No. 3

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 Banjara Hill Road No. 3 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. 500240052 is the MICR code of HDFC for Banjara Hill Road No. 3 branch. MICR code for Banjara Hill Road No. 3 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 Banjara Hill Road No. 3 is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Banjara Hill Road No. 3 branch in hyderabad

The MICR code 500240052 is used in RBI cheque clearing process to identify the branch Banjara Hill Road No. 3 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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