HDFC Bank Panipat Panipat Haryana MICR CODE

Find MICR Codes for HDFC Bank Panipat Panipat Haryana

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MICR Code	132240016
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	Panipat Sector Xiii Xvii
Contact	9996243333
Bank Details	Hdfc Bank Ltd Panipat Sector Xiii Xvii HDFC0004160

Location	Panipat, Panipat
City	Panipat
District	Panipat
State	Haryana
Pincode	132103
Country	IN
Address	Sco 228sector 13 17panipat haryana panipat haryana132103

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 132240016 for Panipat Sector Xiii Xvii 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 132240016 of HDFC Bank Ltd, Panipat Sector Xiii Xvii branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Panipat Sector Xiii Xvii branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Hdfc Bank Ltd are available with micr code -

>>Badauli >>Baholi Panipat >>Barana >>Barsat Road >>Model Town >>Model Town Panipat Viii >>Panipat >>Panipat Sector Xiii Xvii >>Rair Kalan >>Salargunj Gate Panipat >>Sector 11 Panipat >>Sector Xxv Panipat >>Ugra Kheri

MICR code for HDFC Bank Panipat Sector Xiii Xvii

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 Panipat Sector Xiii Xvii 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. 132240016 is the MICR code of HDFC for Panipat Sector Xiii Xvii branch. MICR code for Panipat Sector Xiii Xvii 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 Panipat Sector Xiii Xvii is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Panipat Sector Xiii Xvii branch in panipat

The MICR code 132240016 is used in RBI cheque clearing process to identify the branch Panipat Sector Xiii Xvii 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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