HDFC Bank Rangareddy Hyderabad Telangana MICR CODE

Find MICR Codes for HDFC Bank Rangareddy Hyderabad Telangana

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch G Square Rayadurgam
Contact 1800-2026161
Bank Details Hdfc Bank Ltd G Square Rayadurgam HDFC0008078
Location Rangareddy, Hyderabad
City Rangareddy
District Hyderabad
State Telangana
Pincode 500081
Country IN
Address Survey no 79 raidurg panmaktha serilingampally hyderabad hyderabad telangana 500081
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 0 for G Square Rayadurgam 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 0 of HDFC Bank Ltd, G Square Rayadurgam branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for G Square Rayadurgam branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank G Square Rayadurgam

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 G Square Rayadurgam 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. 0 is the MICR code of HDFC for G Square Rayadurgam branch. MICR code for G Square Rayadurgam 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 G Square Rayadurgam is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for G Square Rayadurgam branch in rangareddy

The MICR code 0 is used in RBI cheque clearing process to identify the branch G Square Rayadurgam 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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