HDFC Bank Sheopur Hoshangabad Madhya Pradesh MICR CODE

Find MICR Codes for HDFC Bank Sheopur Hoshangabad 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 Sheopur
Contact 98936 03333
Bank Details Hdfc Bank Ltd Sheopur HDFC0002488
Location Sheopur, Hoshangabad
City Sheopur
District Hoshangabad
State Madhya Pradesh
Pincode 476337
Country IN
Address Hdfc bank ltd ward no. 08, shivpuri road, opp. Sbi, sheopur madhya pradesh 476337
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 476240301 for Sheopur 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 476240301 of HDFC Bank Ltd, Sheopur branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Sheopur 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 -

>>Sheopur

MICR code for HDFC Bank Sheopur

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 Sheopur 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. 476240301 is the MICR code of HDFC for Sheopur branch. MICR code for Sheopur 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 Sheopur is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Sheopur branch in sheopur

The MICR code 476240301 is used in RBI cheque clearing process to identify the branch Sheopur 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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