HDFC Bank Badgam Badgam Jammu And Kashmir MICR CODE

Find MICR Codes for HDFC Bank Badgam Badgam Jammu And Kashmir

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MICR Code	-NA-
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	Peerbagh
Contact	1860-2676161
Bank Details	Hdfc Bank Ltd Peerbagh HDFC0005630

Location	Badgam, Badgam
City	Badgam
District	Badgam
State	Jammu And Kashmir
Pincode	190014
Country	IN
Address	Grd floor main chowk opp co operative colony peerbagh badgam jammu and kashmir 190014

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

A total of 2 branches of Hdfc Bank Ltd are available with micr code -

>>Budgam >>Peerbagh

MICR code for HDFC Bank Peerbagh

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 Peerbagh 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 Peerbagh branch. MICR code for Peerbagh 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 Peerbagh is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Peerbagh branch in badgam

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