HDFC Bank Panaji North Goa Goa MICR CODE

Find MICR Codes for HDFC Bank Panaji North Goa Goa

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MICR Code	403240065
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	Sircaim
Contact	98906 03333
Bank Details	Hdfc Bank Ltd Sircaim HDFC0003367

Location	Panaji, North Goa
City	Panaji
District	North Goa
State	Goa
Pincode	403502
Country	IN
Address	H.no.12,gf, next to satari temple, near tivim railway station, sircaim, bardez, sircaim goa 403502

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 403240065 for Sircaim 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 403240065 of HDFC Bank Ltd, Sircaim branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Sircaim branch, makes the characters readable even if there are other marks and stamps on it.

A total of 38 branches of Hdfc Bank Ltd are available with micr code -

MICR code for HDFC Bank Sircaim

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 Sircaim 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. 403240065 is the MICR code of HDFC for Sircaim branch. MICR code for Sircaim 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 Sircaim is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Sircaim branch in panaji

The MICR code 403240065 is used in RBI cheque clearing process to identify the branch Sircaim 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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