HDFC Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for HDFC Bank Surat Surat Gujarat

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch L P Savani
Contact Sujit Kurup / Anant Shinde / Sandeep Puthran 022-30751912/ 2041 / 2042
Bank Details Hdfc Bank Ltd L P Savani HDFC0001701
Location Surat, Surat
City Surat
District Surat
State Gujarat
Pincode 395009
Country IN
Address Hdfc bank ltd shop no 1-5, ground floor, abhishek avenue, l p savani road,
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 395240014 for L P Savani 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 395240014 of HDFC Bank Ltd, L P Savani branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for L P Savani branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank L P Savani

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 L P Savani 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. 395240014 is the MICR code of HDFC for L P Savani branch. MICR code for L P Savani 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 L P Savani is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for L P Savani branch in surat

The MICR code 395240014 is used in RBI cheque clearing process to identify the branch L P Savani 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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