HDFC Bank Patna Patna Bihar MICR CODE

Find MICR Codes for HDFC Bank Patna Patna Bihar

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MICR Code	800240016
Bank	Hdfc Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Shugaunamore
Contact	2666161
Bank Details	Hdfc Bank Ltd Shugaunamore HDFC0003961

Location	Patna, Patna
City	Patna
District	Patna
State	Bihar
Pincode	801503
Country	IN
Address	Near rps more beside ibp petrol pump baily road patna bihar patna bihar 801503

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 800240016 for Shugaunamore 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 800240016 of HDFC Bank Ltd, Shugaunamore branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Shugaunamore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 45 branches of Hdfc Bank Ltd are available with micr code -

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MICR code for HDFC Bank Shugaunamore

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 Shugaunamore 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. 800240016 is the MICR code of HDFC for Shugaunamore branch. MICR code for Shugaunamore 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 Shugaunamore is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Shugaunamore branch in patna

The MICR code 800240016 is used in RBI cheque clearing process to identify the branch Shugaunamore 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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