HDFC Bank Bhiwani Loharu Haryana MICR CODE

Find MICR Codes for HDFC Bank Bhiwani Loharu Haryana

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Loharu
Contact 9996243333
Bank Details Hdfc Bank Ltd Loharu HDFC0004066
Location Bhiwani, Loharu
City Bhiwani
District Loharu
State Haryana
Pincode 127201
Country IN
Address Hdfc bank ltddevi lal chowk near bus stand opp pnb loharu bhiwani haryana127201
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 127240008 for Loharu 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 127240008 of HDFC Bank Ltd, Loharu branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Loharu 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 -

>>Loharu

MICR code for HDFC Bank Loharu

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 Loharu 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. 127240008 is the MICR code of HDFC for Loharu branch. MICR code for Loharu 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 Loharu is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Loharu branch in bhiwani

The MICR code 127240008 is used in RBI cheque clearing process to identify the branch Loharu 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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