HDFC Bank Vemulawada Karimnagar Andhra Pradesh MICR CODE

Find MICR Codes for HDFC Bank Vemulawada Karimnagar Andhra Pradesh

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MICR Code	504240503
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	Vemulawada
Contact	99494 93333
Bank Details	Hdfc Bank Ltd Vemulawada HDFC0002949

Location	Vemulawada, Karimnagar
City	Vemulawada
District	Karimnagar
State	Andhra Pradesh
Pincode	505302
Country	IN
Address	Hdfc bank ltd., h.no. 9-3-102-1,2,3,4,5,6,7, opp. Police station, vemulavada, karimnagar, andhra pradesh 505302

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 504240503 for Vemulawada 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 504240503 of HDFC Bank Ltd, Vemulawada branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Vemulawada branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Hdfc Bank Ltd are available with micr code -

>>The Gayatri Co Op Urban Bank Ltd >>Vemulawada

MICR code for HDFC Bank Vemulawada

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 Vemulawada 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. 504240503 is the MICR code of HDFC for Vemulawada branch. MICR code for Vemulawada 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 Vemulawada is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Vemulawada branch in vemulawada

The MICR code 504240503 is used in RBI cheque clearing process to identify the branch Vemulawada 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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