HDFC Bank Amritsar Amritsar Punjab MICR CODE

Find MICR Codes for HDFC Bank Amritsar Amritsar Punjab

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Majitha
Contact 98153 31111
Bank Details Hdfc Bank Ltd Majitha HDFC0002317
Location Amritsar, Amritsar
City Amritsar
District Amritsar
State Punjab
Pincode 143601
Country IN
Address Hdfc bank ltd. Opp. Obc majitha road majitha tehsil distt amritsar punjab
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 143240522 for Majitha 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 143240522 of HDFC Bank Ltd, Majitha branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Majitha branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Majitha

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 Majitha 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. 143240522 is the MICR code of HDFC for Majitha branch. MICR code for Majitha 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 Majitha is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Majitha branch in amritsar

The MICR code 143240522 is used in RBI cheque clearing process to identify the branch Majitha 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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