HDFC Bank Raipur Raipur Chhattisgarh MICR CODE

Find MICR Codes for HDFC Bank Raipur Raipur Chhattisgarh

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MICR Code	492240007
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	Jai Stambh Raipur
Contact
Bank Details	Hdfc Bank Ltd Jai Stambh Raipur HDFC0002706

Location	Raipur, Raipur
City	Raipur
District	Raipur
State	Chhattisgarh
Pincode	492001
Country	IN
Address	Hdfc bank ltd., above bata showroom, opp old bus std, nr jai stambha, raipur chattisgarh 492 001

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 492240007 for Jai Stambh Raipur 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 492240007 of HDFC Bank Ltd, Jai Stambh Raipur branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Jai Stambh Raipur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 40 branches of Hdfc Bank Ltd are available with micr code -

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MICR code for HDFC Bank Jai Stambh Raipur

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 Jai Stambh Raipur 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. 492240007 is the MICR code of HDFC for Jai Stambh Raipur branch. MICR code for Jai Stambh Raipur 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 Jai Stambh Raipur is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Jai Stambh Raipur branch in raipur

The MICR code 492240007 is used in RBI cheque clearing process to identify the branch Jai Stambh Raipur 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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