HDFC Bank Korba Korba Chhattisgarh MICR CODE

Find MICR Codes for HDFC Bank Korba Korba Chhattisgarh

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MICR Code	495240303
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	Ntpc
Contact	98936 03333
Bank Details	Hdfc Bank Ltd Ntpc HDFC0003655

Location	Korba, Korba
City	Korba
District	Korba
State	Chhattisgarh
Pincode	495451
Country	IN
Address	Plot no. 205, svbp nagar, janipali, main road, ntpc, korba chhattisgarh 495451

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 495240303 for Ntpc 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 495240303 of HDFC Bank Ltd, Ntpc branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Ntpc branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Hdfc Bank Ltd are available with micr code -

>>Korba >>Ntpc >>Old Korba

MICR code for HDFC Bank Ntpc

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 Ntpc 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. 495240303 is the MICR code of HDFC for Ntpc branch. MICR code for Ntpc 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 Ntpc is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Ntpc branch in korba

The MICR code 495240303 is used in RBI cheque clearing process to identify the branch Ntpc 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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