HDFC Bank Ashok Nagar Ashok Nagar Madhya Pradesh MICR CODE

Find MICR Codes for HDFC Bank Ashok Nagar Ashok Nagar 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 Mill Road Ashoknagar
Contact 1800-2026161
Bank Details Hdfc Bank Ltd Mill Road Ashoknagar HDFC0008457
Location Ashok Nagar, Ashok Nagar
City Ashok Nagar
District Ashok Nagar
State Madhya Pradesh
Pincode 473331
Country IN
Address Grd floor khasra no 380 2 mill road nr railway station near muthoot finance ashok nagar madhya pradesh 473331
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 0 for Mill Road Ashoknagar 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 0 of HDFC Bank Ltd, Mill Road Ashoknagar branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Mill Road Ashoknagar 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 -

>>Mill Road Ashoknagar

MICR code for HDFC Bank Mill Road Ashoknagar

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 Mill Road Ashoknagar 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. 0 is the MICR code of HDFC for Mill Road Ashoknagar branch. MICR code for Mill Road Ashoknagar 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 Mill Road Ashoknagar is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Mill Road Ashoknagar branch in ashok nagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mill Road Ashoknagar 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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