HDFC Bank Varanasi Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for HDFC Bank Varanasi Varanasi Uttar Pradesh

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pandeypur
Contact 9935903333
Bank Details Hdfc Bank Ltd Pandeypur HDFC0004757
Location Varanasi, Varanasi
City Varanasi
District Varanasi
State Uttar Pradesh
Pincode 221007
Country IN
Address House no s 4 73 e 2 maurya vihar opp pahariya mandi pahariya sarnath varanasi uttar pradesh 221007
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 221240010 for Pandeypur 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 221240010 of HDFC Bank Ltd, Pandeypur branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Pandeypur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Pandeypur

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 Pandeypur 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. 221240010 is the MICR code of HDFC for Pandeypur branch. MICR code for Pandeypur 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 Pandeypur is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Pandeypur branch in varanasi

The MICR code 221240010 is used in RBI cheque clearing process to identify the branch Pandeypur 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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