HDFC Bank Sundargarh Rourkela Orissa MICR CODE

Find MICR Codes for HDFC Bank Sundargarh Rourkela Orissa

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panposh Chowk
Contact
Bank Details Hdfc Bank Ltd Panposh Chowk HDFC0009445
Location Sundargarh, Rourkela
City Sundargarh
District Rourkela
State Orissa
Pincode 769004
Country IN
Address Hdfc bank ltd naresh enclave panposh chowk rourkela rourkela odisha 769004
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 Panposh Chowk 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, Panposh Chowk branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Panposh Chowk branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Hdfc Bank Ltd are available with micr code -

>>Chhend Rourkela >>Panposh Chowk >>Udit Nagar Rourkela

MICR code for HDFC Bank Panposh Chowk

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 Panposh Chowk 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 Panposh Chowk branch. MICR code for Panposh Chowk 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 Panposh Chowk is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Panposh Chowk branch in sundargarh

The MICR code 0 is used in RBI cheque clearing process to identify the branch Panposh Chowk 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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