HDFC Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for HDFC Bank Ludhiana Ludhiana Punjab

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dashmesh Nagar
Contact -18001600
Bank Details Hdfc Bank Ltd Dashmesh Nagar HDFC0010149
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 141003
Country IN
Address Hdfc bank ltd grd floor opp dayal sweets shop nr municipal corp zone c dashmesh nagar punjab 141003
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 Dashmesh 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 0 of HDFC Bank Ltd, Dashmesh Nagar branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Dashmesh Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Dashmesh 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 Dashmesh 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. 0 is the MICR code of HDFC for Dashmesh Nagar branch. MICR code for Dashmesh 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 Dashmesh Nagar is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Dashmesh Nagar branch in ludhiana

The MICR code 0 is used in RBI cheque clearing process to identify the branch Dashmesh 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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