HDFC Bank Lunawada Panch Mahals Gujarat MICR CODE

Find MICR Codes for HDFC Bank Lunawada Panch Mahals Gujarat

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lunawada
Contact Sujit Kurup / Anant Shinde / Sandeep Puthran 022-30751912/ 2041 / 2042
Bank Details Hdfc Bank Ltd Lunawada HDFC0001695
Location Lunawada, Panch Mahals
City Lunawada
District Panch Mahals
State Gujarat
Pincode 389230
Country IN
Address Hdfc bank ltdshop no.f1-4, s squareopp.s.t.depot, godhra-modasa highway
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 389240061 for Lunawada 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 389240061 of HDFC Bank Ltd, Lunawada branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Lunawada branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Hdfc Bank Ltd are available with micr code -

>>Lunawada >>The Lunawada Peoples Co Op Bank Ltd

MICR code for HDFC Bank Lunawada

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 Lunawada 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. 389240061 is the MICR code of HDFC for Lunawada branch. MICR code for Lunawada 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 Lunawada is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Lunawada branch in lunawada

The MICR code 389240061 is used in RBI cheque clearing process to identify the branch Lunawada 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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