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HDFC Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for HDFC Bank Delhi Delhi New Delhi

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panchkuian Road
Contact 9996243333
Bank Details Hdfc Bank Ltd Panchkuian Road HDFC0009039
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110001
Country IN
Address Ground floor 9 panchkuian road new delhi delhi110001
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 110240480 for Panchkuian Road 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 110240480 of HDFC Bank Ltd, Panchkuian Road branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Panchkuian Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 159 branches of Hdfc Bank Ltd are available with micr code -

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MICR code for HDFC Bank Panchkuian Road

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 Panchkuian Road 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. 110240480 is the MICR code of HDFC for Panchkuian Road branch. MICR code for Panchkuian Road 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 Panchkuian Road is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Panchkuian Road branch in delhi

The MICR code 110240480 is used in RBI cheque clearing process to identify the branch Panchkuian Road 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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