HSBC MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. HSBC Bank MICR code for Howrah Kolkata 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. 700039006 is the MICR code of Hongkong And Shanghai Banking Corporation for Howrah Kolkata branch. MICR code for Howrah Kolkata 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 HSBC Bank Howrah Kolkata is presented in the table alongside.
The MICR code 700039006 is used in RBI cheque clearing process to identify the branch Howrah Kolkata and HSBC Bank 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 Hongkong And Shanghai Banking Corporation is typically in either of these two font’s: E-138 and CMC-7.