HDFC Bank Dist. Sangrur Sangrur Punjab MICR CODE

Find MICR Codes for HDFC Bank Dist. Sangrur Sangrur Punjab

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Amargarh
Contact 98153 31111
Bank Details Hdfc Bank Ltd Amargarh HDFC0002345
Location Dist. Sangrur, Sangrur
City Dist. Sangrur
District Sangrur
State Punjab
Pincode 148001
Country IN
Address Hdfc bank ltd kapoor trading co, amargarh-chaunda road, vpo amargarh
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 148240176 for Amargarh 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 148240176 of HDFC Bank Ltd, Amargarh branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Amargarh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Hdfc Bank Ltd are available with micr code -

>>Amargarh

MICR code for HDFC Bank Amargarh

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 Amargarh 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. 148240176 is the MICR code of HDFC for Amargarh branch. MICR code for Amargarh 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 Amargarh is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Amargarh branch in dist. sangrur

The MICR code 148240176 is used in RBI cheque clearing process to identify the branch Amargarh 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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