HDFC Bank Kolar Kolar Karnataka MICR CODE

Find MICR Codes for HDFC Bank Kolar Kolar Karnataka

↻ Reload
MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kolar
Contact 9945863333
Bank Details Hdfc Bank Ltd Kolar HDFC0004889
Location Kolar, Kolar
City Kolar
District Kolar
State Karnataka
Pincode 563101
Country IN
Address Hdfc bank ltd grnd and mezz flr katha 186 204 and 187 205 nr ksrtc bus std beside m g road kolar karnataka 563101
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 563240103 for Kolar 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 563240103 of HDFC Bank Ltd, Kolar branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Kolar 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 -

>>Kolar >>Narasapura

MICR code for HDFC Bank Kolar

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 Kolar 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. 563240103 is the MICR code of HDFC for Kolar branch. MICR code for Kolar 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 Kolar is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Kolar branch in kolar

The MICR code 563240103 is used in RBI cheque clearing process to identify the branch Kolar 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!