HDFC Bank Bangalore Urban Bangalore Karnataka MICR CODE

Find MICR Codes for HDFC Bank Bangalore Urban Bangalore Karnataka

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nagarbhavi
Contact 9945863333
Bank Details Hdfc Bank Ltd Nagarbhavi HDFC0004178
Location Bangalore Urban, Bangalore
City Bangalore Urban
District Bangalore
State Karnataka
Pincode 560072
Country IN
Address No 13 80 feet road ngef layout nagarbhavi bangalore karnataka560072
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 560240122 for Nagarbhavi 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 560240122 of HDFC Bank Ltd, Nagarbhavi branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Nagarbhavi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Nagarbhavi

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 Nagarbhavi 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. 560240122 is the MICR code of HDFC for Nagarbhavi branch. MICR code for Nagarbhavi 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 Nagarbhavi is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Nagarbhavi branch in bangalore urban

The MICR code 560240122 is used in RBI cheque clearing process to identify the branch Nagarbhavi 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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