HDFC Bank Betul Betul Madhya Pradesh MICR CODE

Find MICR Codes for HDFC Bank Betul Betul Madhya Pradesh

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mandai Khurd
Contact 9893603333
Bank Details Hdfc Bank Ltd Mandai Khurd HDFC0003459
Location Betul, Betul
City Betul
District Betul
State Madhya Pradesh
Pincode 460001
Country IN
Address Hdfc bank ltd gram panchayat bhawan mandai khurd betul madhya pradesh 460001
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 460240502 for Mandai Khurd 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 460240502 of HDFC Bank Ltd, Mandai Khurd branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Mandai Khurd branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Hdfc Bank Ltd are available with micr code -

>>Amla >>Betul >>Betul Nagrik Sahakari Bank Mydt. >>Mandai Bujurg >>Mandai Khurd

MICR code for HDFC Bank Mandai Khurd

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 Mandai Khurd 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. 460240502 is the MICR code of HDFC for Mandai Khurd branch. MICR code for Mandai Khurd 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 Mandai Khurd is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Mandai Khurd branch in betul

The MICR code 460240502 is used in RBI cheque clearing process to identify the branch Mandai Khurd 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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