HDFC Bank Alwar Alwar Rajasthan MICR CODE

Find MICR Codes for HDFC Bank Alwar Alwar Rajasthan

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vijay Nagar
Contact -18001600
Bank Details Hdfc Bank Ltd Vijay Nagar HDFC0010195
Location Alwar, Alwar
City Alwar
District Alwar
State Rajasthan
Pincode 301001
Country IN
Address Hdfc bank ltd grd floor 1459 vijay nagar opp kotak mahindra bank behror road rajasthan 301001
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 0 for Vijay Nagar 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 0 of HDFC Bank Ltd, Vijay Nagar branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Vijay Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Hdfc Bank Ltd are available with micr code -

>>Alwar Bhagat Singh Circle >>Alwar Iii >>Khairtal Mandi >>Manu Marg >>Matsya Industrial Area (Alwar) >>Station Road Alwar >>Vijay Nagar

MICR code for HDFC Bank Vijay Nagar

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 Vijay Nagar 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. 0 is the MICR code of HDFC for Vijay Nagar branch. MICR code for Vijay Nagar 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 Vijay Nagar is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Vijay Nagar branch in alwar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vijay Nagar 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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