HDFC Bank Indore Indore Madhya Pradesh MICR CODE

Find MICR Codes for HDFC Bank Indore Indore 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 Sapna Sangeetha
Contact 9893603333
Bank Details Hdfc Bank Ltd Sapna Sangeetha HDFC0003704
Location Indore, Indore
City Indore
District Indore
State Madhya Pradesh
Pincode 452001
Country IN
Address Hdfc bank ltd gf 26 b sneh nagar sapna sangeeta main road indore madhya pradesh 452001
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 452240018 for Sapna Sangeetha 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 452240018 of HDFC Bank Ltd, Sapna Sangeetha branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Sapna Sangeetha branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Sapna Sangeetha

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 Sapna Sangeetha 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. 452240018 is the MICR code of HDFC for Sapna Sangeetha branch. MICR code for Sapna Sangeetha 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 Sapna Sangeetha is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Sapna Sangeetha branch in indore

The MICR code 452240018 is used in RBI cheque clearing process to identify the branch Sapna Sangeetha 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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