HDFC Bank Majari Nawanshahr Punjab MICR CODE

Find MICR Codes for HDFC Bank Majari Nawanshahr Punjab

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Majari
Contact 98153 31111
Bank Details Hdfc Bank Ltd Majari HDFC0003409
Location Majari, Nawanshahr
City Majari
District Nawanshahr
State Punjab
Pincode 144526
Country IN
Address Hdfc bank ltd., premises at chandigarh garhshankar road, vpo majari, nawanshahr punjab 144526
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 144240931 for Majari 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 144240931 of HDFC Bank Ltd, Majari branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Majari 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 -

>>Majari

MICR code for HDFC Bank Majari

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 Majari 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. 144240931 is the MICR code of HDFC for Majari branch. MICR code for Majari 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 Majari is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Majari branch in majari

The MICR code 144240931 is used in RBI cheque clearing process to identify the branch Majari 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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