HDFC Bank Mangalore Dakshin Kannad Karnataka MICR CODE

Find MICR Codes for HDFC Bank Mangalore Dakshin Kannad Karnataka

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Derebail
Contact
Bank Details Hdfc Bank Ltd Derebail HDFC0005247
Location Mangalore, Dakshin Kannad
City Mangalore
District Dakshin Kannad
State Karnataka
Pincode 575006
Country IN
Address Shop no 3 essel heights konchady main road derebail mangalore mangalore karnataka 575006
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 Derebail 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, Derebail branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Derebail branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Hdfc Bank Ltd are available with micr code -

>>Bandar >>Derebail >>Kankanady Mangalore >>Kottara Chowki >>Puttur >>Surathkal >>Valencia >>Vishwakarama Sahakara Bank Ltd >>Yeyaadi

MICR code for HDFC Bank Derebail

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

Use of HDFC Bank Ltd MICR code for Derebail branch in mangalore

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