HDFC Bank Belgaum Belgaum Karnataka MICR CODE

Find MICR Codes for HDFC Bank Belgaum Belgaum Karnataka

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MICR Code	590802002
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	The Mahaveer Co Op. Bank Ltd
Contact	0831-2407120, 2407121
Bank Details	Hdfc Bank Ltd The Mahaveer Co Op. Bank Ltd HDFC0CTMCBL

Location	Belgaum, Belgaum
City	Belgaum
District	Belgaum
State	Karnataka
Pincode	590002
Country	IN
Address	1157, shree renuka towers, anantshayan galli, belgaum - 590002

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.

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The Mahaveer Co Op. Bank Ltd (590802002)

How does MICR code 590802002 for The Mahaveer Co Op. Bank Ltd 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 590802002 of HDFC Bank Ltd, The Mahaveer Co Op. Bank Ltd branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for The Mahaveer Co Op. Bank Ltd branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Hdfc Bank Ltd are available with micr code -

>>Bauxite Road >>Belgaum >>Belgaum Industrial Coop Bank Ltd >>Daivadnya Sahakara Bank Niyamit >>Mahantesh Nagar >>Nipani >>Rpd Bhaggya Nagar >>Samadevi Galli Belgavi >>Shahapur Belgaum >>The Mahaveer Co Op. Bank Ltd >>Udyambagh

MICR code for HDFC Bank The Mahaveer Co Op. Bank Ltd

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 The Mahaveer Co Op. Bank Ltd 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. 590802002 is the MICR code of HDFC for The Mahaveer Co Op. Bank Ltd branch. MICR code for The Mahaveer Co Op. Bank Ltd 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 The Mahaveer Co Op. Bank Ltd is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for The Mahaveer Co Op. Bank Ltd branch in belgaum

The MICR code 590802002 is used in RBI cheque clearing process to identify the branch The Mahaveer Co Op. Bank Ltd 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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