HDFC Bank Narayanpet Mahbubnagar Andhra Pradesh MICR CODE

Find MICR Codes for HDFC Bank Narayanpet Mahbubnagar Andhra Pradesh

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Narayanpet
Contact 99494 93333
Bank Details Hdfc Bank Ltd Narayanpet HDFC0003328
Location Narayanpet, Mahbubnagar
City Narayanpet
District Mahbubnagar
State Andhra Pradesh
Pincode 509210
Country IN
Address Hdfc bank ltd., 1-6-63 - a, 1st floor, hyderabad road, narayanpet, mahbubnagar andhra pradesh 509210
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 509240302 for Narayanpet 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 509240302 of HDFC Bank Ltd, Narayanpet branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Narayanpet 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 -

>>Narayanpet

MICR code for HDFC Bank Narayanpet

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 Narayanpet 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. 509240302 is the MICR code of HDFC for Narayanpet branch. MICR code for Narayanpet 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 Narayanpet is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Narayanpet branch in narayanpet

The MICR code 509240302 is used in RBI cheque clearing process to identify the branch Narayanpet 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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