HDFC Bank Malout Muktsar Punjab MICR CODE

Find MICR Codes for HDFC Bank Malout Muktsar Punjab

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dcm Complex G.T.Road Malout
Contact Sujit Kurup / Anant Shinde / Sandeep Puthran 022-30751912/ 2041 / 2042
Bank Details Hdfc Bank Ltd Dcm Complex G.T.Road Malout HDFC0001344
Location Malout, Muktsar
City Malout
District Muktsar
State Punjab
Pincode 152107
Country IN
Address Dcm complexg.t.road,malout
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 152240502 for Dcm Complex G.T.Road Malout 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 152240502 of HDFC Bank Ltd, Dcm Complex G.T.Road Malout branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Dcm Complex G.T.Road Malout branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Hdfc Bank Ltd are available with micr code -

>>Arniwala Waziran >>Dcm Complex G.T.Road Malout >>Sikhwala

MICR code for HDFC Bank Dcm Complex G.T.Road Malout

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 Dcm Complex G.T.Road Malout 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. 152240502 is the MICR code of HDFC for Dcm Complex G.T.Road Malout branch. MICR code for Dcm Complex G.T.Road Malout 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 Dcm Complex G.T.Road Malout is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Dcm Complex G.T.Road Malout branch in malout

The MICR code 152240502 is used in RBI cheque clearing process to identify the branch Dcm Complex G.T.Road Malout 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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