HDFC Bank Ranchi Ranchi Jharkhand MICR CODE

Find MICR Codes for HDFC Bank Ranchi Ranchi Jharkhand

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Power House Chowk
Contact 1800-2026161
Bank Details Hdfc Bank Ltd Power House Chowk HDFC0006369
Location Ranchi, Ranchi
City Ranchi
District Ranchi
State Jharkhand
Pincode 834001
Country IN
Address Grd floor kamla complex power house chowk chutia dist ranchi jharkhand 834001
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 0 for Power House Chowk 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 0 of HDFC Bank Ltd, Power House Chowk branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Power House Chowk branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Power House Chowk

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 Power House Chowk 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. 0 is the MICR code of HDFC for Power House Chowk branch. MICR code for Power House Chowk 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 Power House Chowk is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Power House Chowk branch in ranchi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Power House Chowk 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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