HDFC Bank Faridkot Faridkot Punjab MICR CODE

Find MICR Codes for HDFC Bank Faridkot Faridkot Punjab

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Faridkot
Contact 9815331111
Bank Details Hdfc Bank Ltd Faridkot HDFC0009206
Location Faridkot, Faridkot
City Faridkot
District Faridkot
State Punjab
Pincode 151203
Country IN
Address Hdfc bank ltd grd and 1st flr sco 2 improvement trust complex market sadiq rd faridkot punjab 151203
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 151240106 for Faridkot 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 151240106 of HDFC Bank Ltd, Faridkot branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Faridkot 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 -

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MICR code for HDFC Bank Faridkot

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 Faridkot 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. 151240106 is the MICR code of HDFC for Faridkot branch. MICR code for Faridkot 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 Faridkot is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Faridkot branch in faridkot

The MICR code 151240106 is used in RBI cheque clearing process to identify the branch Faridkot 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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