HDFC Bank Panaji North Goa Goa MICR CODE

Find MICR Codes for HDFC Bank Panaji North Goa Goa

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MICR Code	403639003
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	The Citizen Co Op. Bank Ltd.
Contact	0832-2512745
Bank Details	Hdfc Bank Ltd The Citizen Co Op. Bank Ltd. HDFC0CTZNBK

Location	Panaji, North Goa
City	Panaji
District	North Goa
State	Goa
Pincode	403802
Country	IN
Address	Lakshdeep apartments, near damodar temple, vasco-da-gama - 403802

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.

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The Citizen Co Op. Bank Ltd. (403639003)

How does MICR code 403639003 for The Citizen Co Op. Bank 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 403639003 of HDFC Bank Ltd, The Citizen Co Op. Bank Ltd. branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for The Citizen Co Op. Bank Ltd. 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 The Citizen Co Op. Bank 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 The Citizen Co Op. Bank 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. 403639003 is the MICR code of HDFC for The Citizen Co Op. Bank Ltd. branch. MICR code for The Citizen Co Op. Bank 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 The Citizen Co Op. Bank Ltd. is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for The Citizen Co Op. Bank Ltd. branch in panaji

The MICR code 403639003 is used in RBI cheque clearing process to identify the branch The Citizen Co Op. Bank 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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