HDFC Bank Ludhiana Jagraon Punjab MICR CODE

Find MICR Codes for HDFC Bank Ludhiana Jagraon Punjab

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lajpat Rai Road Jagraon
Contact 1860-2676161
Bank Details Hdfc Bank Ltd Lajpat Rai Road Jagraon HDFC0005815
Location Ludhiana, Jagraon
City Ludhiana
District Jagraon
State Punjab
Pincode 142028
Country IN
Address Gr flr premises at shop no 3 and 4,amrit shanti complex lajpat road main market jagraon punjab 142028
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 142240057 for Lajpat Rai Road Jagraon 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 142240057 of HDFC Bank Ltd, Lajpat Rai Road Jagraon branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Lajpat Rai Road Jagraon 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 -

>>Lajpat Rai Road Jagraon

MICR code for HDFC Bank Lajpat Rai Road Jagraon

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 Lajpat Rai Road Jagraon 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. 142240057 is the MICR code of HDFC for Lajpat Rai Road Jagraon branch. MICR code for Lajpat Rai Road Jagraon 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 Lajpat Rai Road Jagraon is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Lajpat Rai Road Jagraon branch in ludhiana

The MICR code 142240057 is used in RBI cheque clearing process to identify the branch Lajpat Rai Road Jagraon 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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