HDFC Bank Visakhapatnam Vishakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for HDFC Bank Visakhapatnam Vishakhapatnam Andhra Pradesh

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vip Road Balaji Nagar
Contact 9949493333
Bank Details Hdfc Bank Ltd Vip Road Balaji Nagar HDFC0009100
Location Visakhapatnam, Vishakhapatnam
City Visakhapatnam
District Vishakhapatnam
State Andhra Pradesh
Pincode 530003
Country IN
Address Hdfc bank ltd ground floor dno09 14 3 2 vip road cbm compound waltair ward vishakapatnam andhra pradesh 530003
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 530240012 for Vip Road Balaji 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 530240012 of HDFC Bank Ltd, Vip Road Balaji Nagar branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Vip Road Balaji Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Vip Road Balaji 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 Vip Road Balaji 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. 530240012 is the MICR code of HDFC for Vip Road Balaji Nagar branch. MICR code for Vip Road Balaji 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 Vip Road Balaji Nagar is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Vip Road Balaji Nagar branch in visakhapatnam

The MICR code 530240012 is used in RBI cheque clearing process to identify the branch Vip Road Balaji 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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