HDFC Bank Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for HDFC Bank Bhopal Bhopal 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 Sadguru Nagrik Sahakari Bank Mydt.
Contact 0755-4027400
Bank Details Hdfc Bank Ltd Sadguru Nagrik Sahakari Bank Mydt. HDFC0CSNSBM
Location Bhopal, Bhopal
City Bhopal
District Bhopal
State Madhya Pradesh
Pincode 462001
Country IN
Address E-5/13,first floor, ravishankar nagar, arera colony bhopal -16
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 462310002 for Sadguru Nagrik Sahakari Bank Mydt. 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 462310002 of HDFC Bank Ltd, Sadguru Nagrik Sahakari Bank Mydt. branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Sadguru Nagrik Sahakari Bank Mydt. branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Sadguru Nagrik Sahakari Bank Mydt.

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 Sadguru Nagrik Sahakari Bank Mydt. 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. 462310002 is the MICR code of HDFC for Sadguru Nagrik Sahakari Bank Mydt. branch. MICR code for Sadguru Nagrik Sahakari Bank Mydt. 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 Sadguru Nagrik Sahakari Bank Mydt. is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Sadguru Nagrik Sahakari Bank Mydt. branch in bhopal

The MICR code 462310002 is used in RBI cheque clearing process to identify the branch Sadguru Nagrik Sahakari Bank Mydt. 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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