HDFC Bank Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for HDFC Bank Bhopal Bhopal Madhya Pradesh

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MICR Code	462240012
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	Nehru Nagar Bhopal
Contact	9893603333
Bank Details	Hdfc Bank Ltd Nehru Nagar Bhopal HDFC0003694

Location	Bhopal, Bhopal
City	Bhopal
District	Bhopal
State	Madhya Pradesh
Pincode	462003
Country	IN
Address	Hdfc bank ltd bm 69 70 ward no27main road neharu nagar bhopal madhya pradesh 462003

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 462240012 for Nehru Nagar Bhopal 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 462240012 of HDFC Bank Ltd, Nehru Nagar Bhopal branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Nehru Nagar Bhopal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 37 branches of Hdfc Bank Ltd are available with micr code -

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MICR code for HDFC Bank Nehru Nagar Bhopal

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 Nehru Nagar Bhopal 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. 462240012 is the MICR code of HDFC for Nehru Nagar Bhopal branch. MICR code for Nehru Nagar Bhopal 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 Nehru Nagar Bhopal is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Nehru Nagar Bhopal branch in bhopal

The MICR code 462240012 is used in RBI cheque clearing process to identify the branch Nehru Nagar Bhopal 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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