HDFC Bank Bokaro Peterwar Jharkhand MICR CODE

Find MICR Codes for HDFC Bank Bokaro Peterwar Jharkhand

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Petarbar Bokaro
Contact 1800-2026161
Bank Details Hdfc Bank Ltd Petarbar Bokaro HDFC0011863
Location Bokaro, Peterwar
City Bokaro
District Peterwar
State Jharkhand
Pincode 829121
Country IN
Address Hdfc bank ltd upper grd floor nh 23 main road gagi po ps petarwar peterwar jharkhand 829121
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 Petarbar Bokaro 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, Petarbar Bokaro branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Petarbar Bokaro 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 -

>>Petarbar Bokaro

MICR code for HDFC Bank Petarbar Bokaro

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 Petarbar Bokaro 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 Petarbar Bokaro branch. MICR code for Petarbar Bokaro 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 Petarbar Bokaro is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Petarbar Bokaro branch in bokaro

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