HDFC Bank Shimla Shimla Himachal Pradesh MICR CODE

Find MICR Codes for HDFC Bank Shimla Shimla Himachal Pradesh

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MICR Code	171240020
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 Mall
Contact	1860-2676161
Bank Details	Hdfc Bank Ltd The Mall HDFC0006405

Location	Shimla, Shimla
City	Shimla
District	Shimla
State	Himachal Pradesh
Pincode	171001
Country	IN
Address	Hdfc bank jeevan jyoti bulding lic the mall shimla shimla himachal pradesh 171001

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 171240020 for The Mall 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 171240020 of HDFC Bank Ltd, The Mall branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for The Mall branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Hdfc Bank Ltd are available with micr code -

>>Nankhari >>The Mall

MICR code for HDFC Bank The Mall

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 Mall 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. 171240020 is the MICR code of HDFC for The Mall branch. MICR code for The Mall 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 Mall is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for The Mall branch in shimla

The MICR code 171240020 is used in RBI cheque clearing process to identify the branch The Mall 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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