The Haryana State Co-Operative Apex Bank Ltd Chandigarh Chandigarh Haryana MICR CODE

Find MICR Codes for The Haryana State Co-Operative Apex Bank Ltd Chandigarh Chandigarh Haryana

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MICR Code
Bank The Haryana State Co-operative Apex Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sectorfourty Four Chandigarh
Contact 2609540
Bank Details The Haryana State Co-operative Apex Bank Ltd Sectorfourty Four Chandigarh HARC0000008
Location Chandigarh, Chandigarh
City Chandigarh
District Chandigarh
State Haryana
Pincode
Country IN
Address Sco 360, sector-44d chandigarh
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 Sectorfourty Four Chandigarh 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 Haryana State Cooperative Bank, Sectorfourty Four Chandigarh branch makes the system almost error free and faster. Use of Haryana State Cooperative Bank MICR codes for Sectorfourty Four Chandigarh branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for The Haryana State Co-Operative Apex Bank Ltd Sectorfourty Four Chandigarh

The Haryana State Co-Operative Apex Bank Ltd MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Haryana State Cooperative Bank MICR code for Sectorfourty Four Chandigarh 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 The Haryana State Co-Operative Apex Bank Ltd for Sectorfourty Four Chandigarh branch. MICR code for Sectorfourty Four Chandigarh 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 Haryana State Cooperative Bank Sectorfourty Four Chandigarh is presented in the table alongside.

Use of Haryana State Cooperative Bank MICR code for Sectorfourty Four Chandigarh branch in chandigarh

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sectorfourty Four Chandigarh and Haryana State Cooperative 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 The Haryana State Co-Operative Apex Bank Ltd is typically in either of these two font’s: E-138 and CMC-7.

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