HDFC Bank Parwanoo Solan Himachal Pradesh MICR CODE

Find MICR Codes for HDFC Bank Parwanoo Solan Himachal Pradesh

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District
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Address

MICR Code	160240045
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	Parwanoo
Contact
Bank Details	Hdfc Bank Ltd Parwanoo HDFC0002103

Location	Parwanoo, Solan
City	Parwanoo
District	Solan
State	Himachal Pradesh
Pincode	173220
Country	IN
Address	Parwanoo nh-22, opp. Esi hospital dist-solan pin 173220

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 160240045 for Parwanoo 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 160240045 of HDFC Bank Ltd, Parwanoo branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Parwanoo 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 -

>>Parwanoo

MICR code for HDFC Bank Parwanoo

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 Parwanoo 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. 160240045 is the MICR code of HDFC for Parwanoo branch. MICR code for Parwanoo 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 Parwanoo is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Parwanoo branch in parwanoo

The MICR code 160240045 is used in RBI cheque clearing process to identify the branch Parwanoo 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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