HDFC Bank Jaora Ratlam Madhya Pradesh MICR CODE

Find MICR Codes for HDFC Bank Jaora Ratlam Madhya Pradesh

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MICR Code	457240051
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	Jaora
Contact	Sujit Kurup / Anant Shinde / Sandeep Puthran 022-30751912/ 2041 / 2042
Bank Details	Hdfc Bank Ltd Jaora HDFC0001775

Location	Jaora, Ratlam
City	Jaora
District	Ratlam
State	Madhya Pradesh
Pincode	457226
Country	IN
Address	47 sutaripura jaora

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 457240051 for Jaora 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 457240051 of HDFC Bank Ltd, Jaora branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Jaora branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Hdfc Bank Ltd are available with micr code -

>>Jaora

MICR code for HDFC Bank Jaora

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 Jaora 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. 457240051 is the MICR code of HDFC for Jaora branch. MICR code for Jaora 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 Jaora is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Jaora branch in jaora

The MICR code 457240051 is used in RBI cheque clearing process to identify the branch Jaora 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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