HDFC Bank Davangere Davangere Karnataka MICR CODE

Find MICR Codes for HDFC Bank Davangere Davangere Karnataka

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sri Kannikaparameswari Coopbank Ltd
Contact 08192-251653, 257260
Bank Details Hdfc Bank Ltd Sri Kannikaparameswari Coopbank Ltd HDFC0CSKPCB
Location Davangere, Davangere
City Davangere
District Davangere
State Karnataka
Pincode 577002
Country IN
Address #165/1-2, 3rd main, p.j extension, davangere - 577002
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 577815002 for Sri Kannikaparameswari Coopbank Ltd 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 577815002 of HDFC Bank Ltd, Sri Kannikaparameswari Coopbank Ltd branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Sri Kannikaparameswari Coopbank Ltd branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Sri Kannikaparameswari Coopbank Ltd

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 Sri Kannikaparameswari Coopbank Ltd 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. 577815002 is the MICR code of HDFC for Sri Kannikaparameswari Coopbank Ltd branch. MICR code for Sri Kannikaparameswari Coopbank Ltd 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 Sri Kannikaparameswari Coopbank Ltd is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Sri Kannikaparameswari Coopbank Ltd branch in davangere

The MICR code 577815002 is used in RBI cheque clearing process to identify the branch Sri Kannikaparameswari Coopbank Ltd 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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