HDFC Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for HDFC Bank Surat Surat Gujarat

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Textile Market
Contact 9898271111
Bank Details Hdfc Bank Ltd Textile Market HDFC0009027
Location Surat, Surat
City Surat
District Surat
State Gujarat
Pincode 395002
Country IN
Address Hdfc bank ltd ground floor shree thakor bhai mithaiwala mrkt sahara darwaja char rasta surat gujarat 395002
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 Textile Market 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, Textile Market branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Textile Market branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Textile Market

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 Textile Market 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 Textile Market branch. MICR code for Textile Market 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 Textile Market is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Textile Market branch in surat

The MICR code 0 is used in RBI cheque clearing process to identify the branch Textile Market 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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