Fedral Bank Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for Fedral Bank Gurgaon Gurgaon Haryana

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MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mohammadpur Jharsa
Contact 2372045
Bank Details Federal Bank Ltd Mohammadpur Jharsa FDRL0002255
Location Gurgaon, Gurgaon
City Gurgaon
District Gurgaon
State Haryana
Pincode 122004
Country IN
Address Narsinghpur post, old khandsa road, mohammadpur , gurgaon , haryana
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 Mohammadpur Jharsa 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 Federal Bank, Mohammadpur Jharsa branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Mohammadpur Jharsa branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Federal Bank Ltd are available with micr code -

>>Gurgaon >>Gurgaon Dlf >>Mohammadpur Jharsa >>Palra >>Tikli

MICR code for Fedral Bank Mohammadpur Jharsa

Fedral Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Federal Bank MICR code for Mohammadpur Jharsa 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 Fedral Bank for Mohammadpur Jharsa branch. MICR code for Mohammadpur Jharsa 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 Federal Bank Mohammadpur Jharsa is presented in the table alongside.

Use of Federal Bank MICR code for Mohammadpur Jharsa branch in gurgaon

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mohammadpur Jharsa and Federal Bank 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 Fedral Bank is typically in either of these two font’s: E-138 and CMC-7.

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