HDFC Bank Rajkot Rajkot Gujarat MICR CODE

Find MICR Codes for HDFC Bank Rajkot Rajkot Gujarat

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajkot Palace Road Gujarat
Contact Sujit Kurup / Anant Shinde / Sandeep Puthran 022-30751912/ 2041 / 2042
Bank Details Hdfc Bank Ltd Rajkot Palace Road Gujarat HDFC0000378
Location Rajkot, Rajkot
City Rajkot
District Rajkot
State Gujarat
Pincode 360001
Country IN
Address Rajshrungi building,shop no 1,2,3,4palace road, rajkotrajkotgujarat360001
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 360240004 for Rajkot Palace Road Gujarat 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 360240004 of HDFC Bank Ltd, Rajkot Palace Road Gujarat branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Rajkot Palace Road Gujarat branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Rajkot Palace Road Gujarat

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 Rajkot Palace Road Gujarat 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. 360240004 is the MICR code of HDFC for Rajkot Palace Road Gujarat branch. MICR code for Rajkot Palace Road Gujarat 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 Rajkot Palace Road Gujarat is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Rajkot Palace Road Gujarat branch in rajkot

The MICR code 360240004 is used in RBI cheque clearing process to identify the branch Rajkot Palace Road Gujarat 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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