HDFC Bank Gaya Gaya Bihar MICR CODE

Find MICR Codes for HDFC Bank Gaya Gaya Bihar

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ota Gaya
Contact (0612) 6160 616
Bank Details Hdfc Bank Ltd Ota Gaya HDFC0002871
Location Gaya, Gaya
City Gaya
District Gaya
State Bihar
Pincode 823005
Country IN
Address Hdfc bank ltd canteen area, officer's training academy, officer's training academy, gaya bihar 823005
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 823240003 for Ota Gaya 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 823240003 of HDFC Bank Ltd, Ota Gaya branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Ota Gaya branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Hdfc Bank Ltd are available with micr code -

>>A P Colony >>Dhami Tola Gaya >>G B Road >>Gaya >>Ota Gaya

MICR code for HDFC Bank Ota Gaya

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 Ota Gaya 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. 823240003 is the MICR code of HDFC for Ota Gaya branch. MICR code for Ota Gaya 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 Ota Gaya is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Ota Gaya branch in gaya

The MICR code 823240003 is used in RBI cheque clearing process to identify the branch Ota Gaya 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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