HDFC Bank Kanpur Kanpur City Uttar Pradesh MICR CODE

Find MICR Codes for HDFC Bank Kanpur Kanpur City Uttar Pradesh

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panki
Contact 9935903333
Bank Details Hdfc Bank Ltd Panki HDFC0004785
Location Kanpur, Kanpur City
City Kanpur
District Kanpur City
State Uttar Pradesh
Pincode 208020
Country IN
Address Hdfc bank ltd 117 h 1 317 model town pandey nagar panki kanpur uttar pradesh 208020
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 208240014 for Panki 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 208240014 of HDFC Bank Ltd, Panki branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Panki branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Panki

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 Panki 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. 208240014 is the MICR code of HDFC for Panki branch. MICR code for Panki 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 Panki is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Panki branch in kanpur

The MICR code 208240014 is used in RBI cheque clearing process to identify the branch Panki 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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