HDFC Bank Lohardaga Lohardagga Jharkhand MICR CODE

Find MICR Codes for HDFC Bank Lohardaga Lohardagga Jharkhand

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lohardaga
Contact (0612) 6160 616
Bank Details Hdfc Bank Ltd Lohardaga HDFC0002627
Location Lohardaga, Lohardagga
City Lohardaga
District Lohardagga
State Jharkhand
Pincode 835302
Country IN
Address Hdfc bank ltd. Upper bazar, lohardaga lohardagga jharkhand 835302
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 835240002 for Lohardaga 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 835240002 of HDFC Bank Ltd, Lohardaga branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Lohardaga branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Hdfc Bank Ltd are available with micr code -

>>Lohardaga

MICR code for HDFC Bank Lohardaga

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 Lohardaga 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. 835240002 is the MICR code of HDFC for Lohardaga branch. MICR code for Lohardaga 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 Lohardaga is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Lohardaga branch in lohardaga

The MICR code 835240002 is used in RBI cheque clearing process to identify the branch Lohardaga 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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