HDFC Bank Amritsar Amritsar Punjab MICR CODE

Find MICR Codes for HDFC Bank Amritsar Amritsar Punjab

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Verka
Contact 1860-2676161
Bank Details Hdfc Bank Ltd Verka HDFC0007663
Location Amritsar, Amritsar
City Amritsar
District Amritsar
State Punjab
Pincode 143501
Country IN
Address Hdfc bank ltd ground floor main batala road dist amritsar punjab amritsar punjab 143501
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 Verka 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, Verka branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Verka branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Verka

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 Verka 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 Verka branch. MICR code for Verka 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 Verka is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Verka branch in amritsar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Verka 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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