HDFC Bank Gvmc Visakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for HDFC Bank Gvmc Visakhapatnam Andhra Pradesh

↻ Reload
MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jaggu Junction
Contact 1800-2026161
Bank Details Hdfc Bank Ltd Jaggu Junction HDFC0006616
Location Gvmc, Visakhapatnam
City Gvmc
District Visakhapatnam
State Andhra Pradesh
Pincode 530044
Country IN
Address Hdfc limited bhavani enclave ground floor plot no hig 93 vuda colony jug junction gajuwaka gvmc andhra pradesh 530044
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 Jaggu Junction 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, Jaggu Junction branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Jaggu Junction branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Hdfc Bank Ltd are available with micr code -

>>Car Shed Junction Road >>Jaggu Junction

MICR code for HDFC Bank Jaggu Junction

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 Jaggu Junction 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 Jaggu Junction branch. MICR code for Jaggu Junction 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 Jaggu Junction is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Jaggu Junction branch in gvmc

The MICR code 0 is used in RBI cheque clearing process to identify the branch Jaggu Junction 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.

Copied!