HDFC Bank Damoh Damoh M Og Madhya Pradesh MICR CODE

Find MICR Codes for HDFC Bank Damoh Damoh M Og Madhya Pradesh

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Palandi Chauraha Damoh
Contact 1800-2026161
Bank Details Hdfc Bank Ltd Palandi Chauraha Damoh HDFC0005986
Location Damoh, Damoh M Og
City Damoh
District Damoh M Og
State Madhya Pradesh
Pincode 470661
Country IN
Address Grd floor new bazar no 2 palandi chauraha damoh dist damoh damoh m og madhya pradesh 470661
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 Palandi Chauraha Damoh 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, Palandi Chauraha Damoh branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Palandi Chauraha Damoh 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 -

>>Palandi Chauraha Damoh

MICR code for HDFC Bank Palandi Chauraha Damoh

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 Palandi Chauraha Damoh 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 Palandi Chauraha Damoh branch. MICR code for Palandi Chauraha Damoh 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 Palandi Chauraha Damoh is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Palandi Chauraha Damoh branch in damoh

The MICR code 0 is used in RBI cheque clearing process to identify the branch Palandi Chauraha Damoh 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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