HDFC Bank Raipur Raipur Chhattisgarh MICR CODE

Find MICR Codes for HDFC Bank Raipur Raipur Chhattisgarh

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Telibandha
Contact 1860-2676161
Bank Details Hdfc Bank Ltd Telibandha HDFC0005083
Location Raipur, Raipur
City Raipur
District Raipur
State Chhattisgarh
Pincode 492006
Country IN
Address Shubham corporate shop no 02 and 103 near telibandha square ring road telibandha raipur cg 492006
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 492240019 for Telibandha 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 492240019 of HDFC Bank Ltd, Telibandha branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Telibandha branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Telibandha

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 Telibandha 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. 492240019 is the MICR code of HDFC for Telibandha branch. MICR code for Telibandha 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 Telibandha is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Telibandha branch in raipur

The MICR code 492240019 is used in RBI cheque clearing process to identify the branch Telibandha 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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