HDFC Bank Faizabad Faizabad Uttar Pradesh MICR CODE

Find MICR Codes for HDFC Bank Faizabad Faizabad Uttar Pradesh

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Palpur
Contact 99359 03333
Bank Details Hdfc Bank Ltd Palpur HDFC0003178
Location Faizabad, Faizabad
City Faizabad
District Faizabad
State Uttar Pradesh
Pincode 232103
Country IN
Address Hdfc bank ltd. Tulsampur palpur faizabad uttar pradesh 232103
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 224240051 for Palpur 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 224240051 of HDFC Bank Ltd, Palpur branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Palpur 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 -

>>Faizabad >>Palpur

MICR code for HDFC Bank Palpur

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 Palpur 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. 224240051 is the MICR code of HDFC for Palpur branch. MICR code for Palpur 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 Palpur is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Palpur branch in faizabad

The MICR code 224240051 is used in RBI cheque clearing process to identify the branch Palpur 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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