HDFC Bank Nadala Kapurthala Punjab MICR CODE

Find MICR Codes for HDFC Bank Nadala Kapurthala Punjab

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nadala
Contact 98153 31111
Bank Details Hdfc Bank Ltd Nadala HDFC0002886
Location Nadala, Kapurthala
City Nadala
District Kapurthala
State Punjab
Pincode 144624
Country IN
Address Hdfc bank ltd dhilwan road, nadala, district kapurthala, nadala punjab 144624
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 144240988 for Nadala 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 144240988 of HDFC Bank Ltd, Nadala branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Nadala 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 -

>>Nadala

MICR code for HDFC Bank Nadala

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 Nadala 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. 144240988 is the MICR code of HDFC for Nadala branch. MICR code for Nadala 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 Nadala is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Nadala branch in nadala

The MICR code 144240988 is used in RBI cheque clearing process to identify the branch Nadala 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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