HDFC Bank Bijapur Bijapur Karnataka MICR CODE

Find MICR Codes for HDFC Bank Bijapur Bijapur Karnataka

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bijapur
Contact 080-61606161
Bank Details Hdfc Bank Ltd Bijapur HDFC0001961
Location Bijapur, Bijapur
City Bijapur
District Bijapur
State Karnataka
Pincode 586104
Country IN
Address Bijapur hdfc bank ltd omkar plaza, plot no.74, chalukya nagar,sholapur road pin 586104
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 586240002 for Bijapur 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 586240002 of HDFC Bank Ltd, Bijapur branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Bijapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Hdfc Bank Ltd are available with micr code -

>>Bijapur >>Jalanagar Vijayapura >>Sarakari Naukarara Sahakari Bank >>Vijayapura Ii

MICR code for HDFC Bank Bijapur

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 Bijapur 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. 586240002 is the MICR code of HDFC for Bijapur branch. MICR code for Bijapur 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 Bijapur is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Bijapur branch in bijapur

The MICR code 586240002 is used in RBI cheque clearing process to identify the branch Bijapur 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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