HDFC Bank Nellore Nellore Andhra Pradesh MICR CODE

Find MICR Codes for HDFC Bank Nellore Nellore Andhra Pradesh

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MICR Code	524240004
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	Vedayapalem
Contact	9949493333
Bank Details	Hdfc Bank Ltd Vedayapalem HDFC0004189

Location	Nellore, Nellore
City	Nellore
District	Nellore
State	Andhra Pradesh
Pincode	524004
Country	IN
Address	Hdfc bank ltd valli krishna plaza ground floor jyothi nagar vedayapalem nellore andhra pradesh 524004

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 524240004 for Vedayapalem 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 524240004 of HDFC Bank Ltd, Vedayapalem branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Vedayapalem branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Hdfc Bank Ltd are available with micr code -

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MICR code for HDFC Bank Vedayapalem

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 Vedayapalem 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. 524240004 is the MICR code of HDFC for Vedayapalem branch. MICR code for Vedayapalem 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 Vedayapalem is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Vedayapalem branch in nellore

The MICR code 524240004 is used in RBI cheque clearing process to identify the branch Vedayapalem 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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