HDFC Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Nagpur Nagpur Maharashtra

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lonkhairi
Contact 61606161
Bank Details Hdfc Bank Ltd Lonkhairi HDFC0003839
Location Nagpur, Nagpur
City Nagpur
District Nagpur
State Maharashtra
Pincode 441111
Country IN
Address Hdfc bank ltd grnd flr gram panchayat office lonkhairi nagpur maharashtra 441111
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 440240015 for Lonkhairi 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 440240015 of HDFC Bank Ltd, Lonkhairi branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Lonkhairi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 92 branches of Hdfc Bank Ltd are available with micr code -

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MICR code for HDFC Bank Lonkhairi

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 Lonkhairi 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. 440240015 is the MICR code of HDFC for Lonkhairi branch. MICR code for Lonkhairi 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 Lonkhairi is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Lonkhairi branch in nagpur

The MICR code 440240015 is used in RBI cheque clearing process to identify the branch Lonkhairi 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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