HDFC Bank Chandrapur Chandrapur Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Chandrapur Chandrapur Maharashtra

↻ Reload
MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Padoli Chandrapur
Contact 1800-2026161
Bank Details Hdfc Bank Ltd Padoli Chandrapur HDFC0005124
Location Chandrapur, Chandrapur
City Chandrapur
District Chandrapur
State Maharashtra
Pincode 442406
Country IN
Address Hdfc bank ltd grd floor plot no 4 nagpur road padoli chandrapur maharashtra 442406
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 0 for Padoli Chandrapur 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 0 of HDFC Bank Ltd, Padoli Chandrapur branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Padoli Chandrapur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Padoli Chandrapur

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 Padoli Chandrapur 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. 0 is the MICR code of HDFC for Padoli Chandrapur branch. MICR code for Padoli Chandrapur 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 Padoli Chandrapur is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Padoli Chandrapur branch in chandrapur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Padoli Chandrapur 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.

Copied!