HDFC Bank Patratu Hazaribag Jharkhand MICR CODE

Find MICR Codes for HDFC Bank Patratu Hazaribag Jharkhand

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Patratu
Contact (0612) 6160 616
Bank Details Hdfc Bank Ltd Patratu HDFC0002469
Location Patratu, Hazaribag
City Patratu
District Hazaribag
State Jharkhand
Pincode 829118
Country IN
Address Hdfc bank ltd. Main road, opp. Boi, patratu ramgarh jharkhand 829118
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 829240501 for Patratu 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 829240501 of HDFC Bank Ltd, Patratu branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Patratu 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 -

>>Patratu

MICR code for HDFC Bank Patratu

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 Patratu 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. 829240501 is the MICR code of HDFC for Patratu branch. MICR code for Patratu 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 Patratu is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Patratu branch in patratu

The MICR code 829240501 is used in RBI cheque clearing process to identify the branch Patratu 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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