HDFC Bank Shakarpur Delhi New Delhi MICR CODE

Find MICR Codes for HDFC Bank Shakarpur Delhi New Delhi

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shakarpur
Contact 9996243333
Bank Details Hdfc Bank Ltd Shakarpur HDFC0003987
Location Shakarpur, Delhi
City Shakarpur
District Delhi
State New Delhi
Pincode 110092
Country IN
Address U 38 b bawa palace shakarpur delhi new delhi delhi 110092
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 110240385 for Shakarpur 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 110240385 of HDFC Bank Ltd, Shakarpur branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Shakarpur 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 -

>>Shakarpur

MICR code for HDFC Bank Shakarpur

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 Shakarpur 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. 110240385 is the MICR code of HDFC for Shakarpur branch. MICR code for Shakarpur 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 Shakarpur is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Shakarpur branch in shakarpur

The MICR code 110240385 is used in RBI cheque clearing process to identify the branch Shakarpur 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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