HDFC Bank Jalandhar Jalandhar Punjab MICR CODE

Find MICR Codes for HDFC Bank Jalandhar Jalandhar Punjab

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MICR Code	144240953
Bank	Hdfc Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Malsaiam
Contact	98153 31111
Bank Details	Hdfc Bank Ltd Malsaiam HDFC0002224

Location	Jalandhar, Jalandhar
City	Jalandhar
District	Jalandhar
State	Punjab
Pincode	144701
Country	IN
Address	Hdfc bank ltd. Lohian road, malsian tehsil shahkot

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 144240953 for Malsaiam 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 144240953 of HDFC Bank Ltd, Malsaiam branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Malsaiam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 43 branches of Hdfc Bank Ltd are available with micr code -

MICR code for HDFC Bank Malsaiam

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 Malsaiam 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. 144240953 is the MICR code of HDFC for Malsaiam branch. MICR code for Malsaiam 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 Malsaiam is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Malsaiam branch in jalandhar

The MICR code 144240953 is used in RBI cheque clearing process to identify the branch Malsaiam 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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