HDFC Bank Khanauri(Mandi) Sangrur Punjab MICR CODE

Find MICR Codes for HDFC Bank Khanauri(Mandi) Sangrur Punjab

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khanauri
Contact 98153 31111
Bank Details Hdfc Bank Ltd Khanauri HDFC0003168
Location Khanauri(Mandi), Sangrur
City Khanauri(Mandi)
District Sangrur
State Punjab
Pincode 148027
Country IN
Address Hdfc bank ltd., premises opp grain market, nirwana road ,vpo- khanauri, sangrur punjab 148027
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 148240007 for Khanauri 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 148240007 of HDFC Bank Ltd, Khanauri branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Khanauri 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 -

>>Khanauri

MICR code for HDFC Bank Khanauri

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 Khanauri 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. 148240007 is the MICR code of HDFC for Khanauri branch. MICR code for Khanauri 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 Khanauri is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Khanauri branch in khanauri(mandi)

The MICR code 148240007 is used in RBI cheque clearing process to identify the branch Khanauri 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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