HDFC Bank Srinagar Srinagar Jammu And Kashmir MICR CODE

Find MICR Codes for HDFC Bank Srinagar Srinagar Jammu And Kashmir

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karan Nagar Srinagar
Contact Sujit Kurup / Anant Shinde / Sandeep Puthran 022-30751912/ 2041 / 2042
Bank Details Hdfc Bank Ltd Karan Nagar Srinagar HDFC0001091
Location Srinagar, Srinagar
City Srinagar
District Srinagar
State Jammu And Kashmir
Pincode
Country IN
Address Hdfc bank ltdmadina shopping mallkak sarai, karan nagar
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 190240005 for Karan Nagar Srinagar 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 190240005 of HDFC Bank Ltd, Karan Nagar Srinagar branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Karan Nagar Srinagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Karan Nagar Srinagar

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 Karan Nagar Srinagar 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. 190240005 is the MICR code of HDFC for Karan Nagar Srinagar branch. MICR code for Karan Nagar Srinagar 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 Karan Nagar Srinagar is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Karan Nagar Srinagar branch in srinagar

The MICR code 190240005 is used in RBI cheque clearing process to identify the branch Karan Nagar Srinagar 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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