HDFC Bank Chandigarh Chandigarh Chandigarh MICR CODE

Find MICR Codes for HDFC Bank Chandigarh Chandigarh Chandigarh

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MICR Code	160240054
Bank	Hdfc Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chandigarh Sector 47
Contact	6160 616
Bank Details	Hdfc Bank Ltd Chandigarh Sector 47 HDFC0002658

Location	Chandigarh, Chandigarh
City	Chandigarh
District	Chandigarh
State	Chandigarh
Pincode	160047
Country	IN
Address	Hdfc bank ltd., sco 48-49, sector 47, chandigarh chandigarh 160047

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 160240054 for Chandigarh Sector 47 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 160240054 of HDFC Bank Ltd, Chandigarh Sector 47 branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Chandigarh Sector 47 branch, makes the characters readable even if there are other marks and stamps on it.

A total of 29 branches of Hdfc Bank Ltd are available with micr code -

>>Chandigarh >>Chandigarh Manimajra >>Chandigarh Sec 22 Union Territory >>Chandigarh Sector 17C >>Chandigarh Sector 35B >>Chandigarh Sector 37 >>Chandigarh Sector 47 >>Chandigarh Sector 8C >>Chandigarh Sector 9 C >>Estate Office >>Industrial Area Chandigarh >>Jandpur >>Manimajra >>S C O 61 63 Sector 9 D >>Sahauran >>Sec 23 Chandigarh >>Sec 46 Chandigarh Chandigarh >>Sector 15 C Chandigarh >>Sector 20 Chandigarh >>Sector 32 D Market >>Sector 35C Chandigarh >>Sector I Chandigarh >>Sector Ii Vi Chandigarh >>Sector Viii C Ii Chandigarh >>Sector Xi >>Sector Xxx C >>Sector Xxxiva >>Sh Guru Granth Sahib Vidya Kendra

MICR code for HDFC Bank Chandigarh Sector 47

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 Chandigarh Sector 47 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. 160240054 is the MICR code of HDFC for Chandigarh Sector 47 branch. MICR code for Chandigarh Sector 47 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 Chandigarh Sector 47 is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Chandigarh Sector 47 branch in chandigarh

The MICR code 160240054 is used in RBI cheque clearing process to identify the branch Chandigarh Sector 47 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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