HDFC Bank Kolkata Kolkata West Bengal MICR CODE

Find MICR Codes for HDFC Bank Kolkata Kolkata West Bengal

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Panihati Cooperative Bank Ltd
Contact 25536460
Bank Details Hdfc Bank Ltd The Panihati Cooperative Bank Ltd HDFC0CTPHCB
Location Kolkata, Kolkata
City Kolkata
District Kolkata
State West Bengal
Pincode 700114
Country IN
Address Raja ram chand ghat road po panihati kolkata 700114
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 700028259 for The Panihati Cooperative 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 700028259 of HDFC Bank Ltd, The Panihati Cooperative Bank Ltd branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for The Panihati Cooperative Bank Ltd branch, makes the characters readable even if there are other marks and stamps on it.

A total of 165 branches of Hdfc Bank Ltd are available with micr code -

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MICR code for HDFC Bank The Panihati Cooperative 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 Panihati Cooperative 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. 700028259 is the MICR code of HDFC for The Panihati Cooperative Bank Ltd branch. MICR code for The Panihati Cooperative 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 Panihati Cooperative Bank Ltd is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for The Panihati Cooperative Bank Ltd branch in kolkata

The MICR code 700028259 is used in RBI cheque clearing process to identify the branch The Panihati Cooperative 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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