HDFC Bank Vijayawada Krishna Andhra Pradesh MICR CODE

Find MICR Codes for HDFC Bank Vijayawada Krishna Andhra Pradesh

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MICR Code	520240010
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	Machavaram
Contact	9949493333
Bank Details	Hdfc Bank Ltd Machavaram HDFC0004881

Location	Vijayawada, Krishna
City	Vijayawada
District	Krishna
State	Andhra Pradesh
Pincode	520004
Country	IN
Address	Hdfc bank ltd ground floor door no 31 2340 beside srr college machavaram vijaywada krishna andhra pradesh 520004

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 520240010 for Machavaram 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 520240010 of HDFC Bank Ltd, Machavaram branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Machavaram branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of Hdfc Bank Ltd are available with micr code -

>>Ajith Singh Nagar >>Bapulapadu Hanuman Junction >>Kankipadu >>Krishna Nagar Vijaywada >>Machavaram >>Moghalrajpuram >>One Center Gollapudi >>Satyanarayanpuram >>Srinagar Colony Vijayawada >>Vijayawada >>Vijayawada >>Vijayawada Andhra Pradesh >>Vijayawada Harpers School Ext Ctr >>Vijayawada Valluri Complex

MICR code for HDFC Bank Machavaram

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 Machavaram 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. 520240010 is the MICR code of HDFC for Machavaram branch. MICR code for Machavaram 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 Machavaram is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Machavaram branch in vijayawada

The MICR code 520240010 is used in RBI cheque clearing process to identify the branch Machavaram 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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