The HP State Coop Bank Bilaspur Bilaspur Himachal Pradesh MICR CODE

Find MICR Codes for The HP State Coop Bank Bilaspur Bilaspur Himachal Pradesh

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MICR Code
Bank Himachal Pradesh State Cooperative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bilaspur
Contact 222542
Bank Details Himachal Pradesh State Cooperative Bank Ltd Bilaspur HPSC0000106
Location Bilaspur, Bilaspur
City Bilaspur
District Bilaspur
State Himachal Pradesh
Pincode 174001
Country IN
Address Bilaspur main market pin-174001
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 174311052 for Bilaspur 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 174311052 of Himachal Pradesh Coop Bank, Bilaspur branch makes the system almost error free and faster. Use of Himachal Pradesh Coop Bank MICR codes for Bilaspur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Himachal Pradesh State Cooperative Bank Ltd are available with micr code -

>>Bilaspur >>Chandpur >>Harlog >>Kaulan Wala Toba >>Lakhanpur

MICR code for The HP State Coop Bank Bilaspur

The HP State Coop Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Himachal Pradesh Coop Bank MICR code for Bilaspur 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. 174311052 is the MICR code of Himachal Pradesh State Coop Bank for Bilaspur branch. MICR code for Bilaspur 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 Himachal Pradesh Coop Bank Bilaspur is presented in the table alongside.

Use of Himachal Pradesh Coop Bank MICR code for Bilaspur branch in bilaspur

The MICR code 174311052 is used in RBI cheque clearing process to identify the branch Bilaspur and Himachal Pradesh Coop 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 Himachal Pradesh State Coop Bank is typically in either of these two font’s: E-138 and CMC-7.

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