HDFC Bank Sahibzada Ajit Singh Nagar S A S Nagar Punjab MICR CODE

Find MICR Codes for HDFC Bank Sahibzada Ajit Singh Nagar S A S Nagar Punjab

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sector Xci
Contact 1800-2026161
Bank Details Hdfc Bank Ltd Sector Xci HDFC0008569
Location Sahibzada Ajit Singh Nagar, S A S Nagar
City Sahibzada Ajit Singh Nagar
District S A S Nagar
State Punjab
Pincode 160055
Country IN
Address Hdfc bank ltd grd floor sco no 52 sector 91 s a s nagar punjab 160055
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 Sector Xci 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, Sector Xci branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Sector Xci branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Hdfc Bank Ltd are available with micr code -

>>Industrial Area Phase Vii >>Mohali Sector Lxviii >>Sector Xci

MICR code for HDFC Bank Sector Xci

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 Sector Xci 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 Sector Xci branch. MICR code for Sector Xci 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 Sector Xci is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Sector Xci branch in sahibzada ajit singh nagar

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