HDFC Bank Raisen Raisen Madhya Pradesh MICR CODE

Find MICR Codes for HDFC Bank Raisen Raisen Madhya Pradesh

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MICR Code	464240003
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	Baraily
Contact	731-6160616
Bank Details	Hdfc Bank Ltd Baraily HDFC0005696

Location	Raisen, Raisen
City	Raisen
District	Raisen
State	Madhya Pradesh
Pincode	464668
Country	IN
Address	Gr first flr udaypura naka ward no 01 near union bank of india baraily raisen madhya pradesh 464668

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 464240003 for Baraily 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 464240003 of HDFC Bank Ltd, Baraily branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Baraily branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Hdfc Bank Ltd are available with micr code -

>>Baraily >>Begamganj >>Raisen

MICR code for HDFC Bank Baraily

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 Baraily 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. 464240003 is the MICR code of HDFC for Baraily branch. MICR code for Baraily 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 Baraily is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Baraily branch in raisen

The MICR code 464240003 is used in RBI cheque clearing process to identify the branch Baraily 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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