HDFC Bank Sahibganj Sahebganj Jharkhand MICR CODE

Find MICR Codes for HDFC Bank Sahibganj Sahebganj Jharkhand

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sahibganj
Contact
Bank Details Hdfc Bank Ltd Sahibganj HDFC0002688
Location Sahibganj, Sahebganj
City Sahibganj
District Sahebganj
State Jharkhand
Pincode 816109
Country IN
Address Hdfc bank ltd. Sbi bank bldg mahajan patti, main road, sahibganj jharkhand 816109
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 816240102 for Sahibganj 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 816240102 of HDFC Bank Ltd, Sahibganj branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Sahibganj 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 -

>>Sahibganj

MICR code for HDFC Bank Sahibganj

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 Sahibganj 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. 816240102 is the MICR code of HDFC for Sahibganj branch. MICR code for Sahibganj 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 Sahibganj is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Sahibganj branch in sahibganj

The MICR code 816240102 is used in RBI cheque clearing process to identify the branch Sahibganj 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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