HDFC Bank Gagret Una Himachal Pradesh MICR CODE

Find MICR Codes for HDFC Bank Gagret Una Himachal Pradesh

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MICR Code	177240203
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	Gagret
Contact	1800 180 4333
Bank Details	Hdfc Bank Ltd Gagret HDFC0002920

Location	Gagret, Una
City	Gagret
District	Una
State	Himachal Pradesh
Pincode	177201
Country	IN
Address	Hdfc bank ltd., khasra no. 1218-20, ward no. 6, dev nagar, bharwain road,gagret una himachal pradesh 177201

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 177240203 for Gagret 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 177240203 of HDFC Bank Ltd, Gagret branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Gagret 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 -

>>Gagret

MICR code for HDFC Bank Gagret

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 Gagret 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. 177240203 is the MICR code of HDFC for Gagret branch. MICR code for Gagret 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 Gagret is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Gagret branch in gagret

The MICR code 177240203 is used in RBI cheque clearing process to identify the branch Gagret 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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