HDFC Bank Noida Gautam Buddha Nagar Uttar Pradesh MICR CODE

Find MICR Codes for HDFC Bank Noida Gautam Buddha Nagar Uttar Pradesh

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Noida Sector I
Contact Sujit Kurup / Anant Shinde / Sandeep Puthran 022-30751912/ 2041 / 2042
Bank Details Hdfc Bank Ltd Noida Sector I HDFC0001897
Location Noida, Gautam Buddha Nagar
City Noida
District Gautam Buddha Nagar
State Uttar Pradesh
Pincode 201304
Country IN
Address Hdfc bank ltdbk-11,sector i
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 110240202 for Noida Sector I 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 110240202 of HDFC Bank Ltd, Noida Sector I branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Noida Sector I branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Noida Sector I

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 Noida Sector I 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. 110240202 is the MICR code of HDFC for Noida Sector I branch. MICR code for Noida Sector I 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 Noida Sector I is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Noida Sector I branch in noida

The MICR code 110240202 is used in RBI cheque clearing process to identify the branch Noida Sector I 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.

Copied!