HDFC Bank Bapoli Panipat Haryana MICR CODE

Find MICR Codes for HDFC Bank Bapoli Panipat Haryana

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bapoli
Contact 99962 43333
Bank Details Hdfc Bank Ltd Bapoli HDFC0003238
Location Bapoli, Panipat
City Bapoli
District Panipat
State Haryana
Pincode 132104
Country IN
Address Hdfc bank ltd bapoli, district - panipat, district - panipat, panipat haryana 132104
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 132240009 for Bapoli 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 132240009 of HDFC Bank Ltd, Bapoli branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Bapoli 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 -

>>Bapoli

MICR code for HDFC Bank Bapoli

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 Bapoli 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. 132240009 is the MICR code of HDFC for Bapoli branch. MICR code for Bapoli 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 Bapoli is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Bapoli branch in bapoli

The MICR code 132240009 is used in RBI cheque clearing process to identify the branch Bapoli 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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