HDFC Bank Morvi Rajkot Gujarat MICR CODE

Find MICR Codes for HDFC Bank Morvi Rajkot Gujarat

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Co Op Bank Of Rajkot Ltd
Contact
Bank Details Hdfc Bank Ltd The Co Op Bank Of Rajkot Ltd HDFC0CRAJ05
Location Morvi, Rajkot
City Morvi
District Rajkot
State Gujarat
Pincode 363641
Country IN
Address Sahakar sadan ravapar road morvi 363 641
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 0 for The Co Op Bank Of Rajkot 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 0 of HDFC Bank Ltd, The Co Op Bank Of Rajkot Ltd branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for The Co Op Bank Of Rajkot Ltd branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Hdfc Bank Ltd are available with micr code -

>>Mahendranagar >>Morvi >>Morvi Gujarat >>Sanala Road >>The Co Op Bank Of Rajkot Ltd

MICR code for HDFC Bank The Co Op Bank Of Rajkot 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 Co Op Bank Of Rajkot 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. 0 is the MICR code of HDFC for The Co Op Bank Of Rajkot Ltd branch. MICR code for The Co Op Bank Of Rajkot 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 Co Op Bank Of Rajkot Ltd is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for The Co Op Bank Of Rajkot Ltd branch in morvi

The MICR code 0 is used in RBI cheque clearing process to identify the branch The Co Op Bank Of Rajkot 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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