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The Haryana State Co-Operative Apex Bank Ltd Chandigarh Chandigarh Haryana MICR CODE

Find MICR Codes for The Haryana State Co-Operative Apex Bank Ltd Chandigarh Chandigarh Haryana

MICR Code
Bank The Haryana State Co-operative Apex Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hcs Chandigarh
Contact 2741604
Bank Details The Haryana State Co-operative Apex Bank Ltd Hcs Chandigarh HARC0000014
Location Chandigarh, Chandigarh
City Chandigarh
District Chandigarh
State Haryana
Pincode
Country IN
Address Haryana civil secretariat, chandigarh
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 Hcs Chandigarh 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 Haryana State Cooperative Bank, Hcs Chandigarh branch makes the system almost error free and faster. Use of Haryana State Cooperative Bank MICR codes for Hcs Chandigarh branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for The Haryana State Co-Operative Apex Bank Ltd Hcs Chandigarh

The Haryana State Co-Operative Apex Bank Ltd MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Haryana State Cooperative Bank MICR code for Hcs Chandigarh 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 The Haryana State Co-Operative Apex Bank Ltd for Hcs Chandigarh branch. MICR code for Hcs Chandigarh 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 Haryana State Cooperative Bank Hcs Chandigarh is presented in the table alongside.

Use of Haryana State Cooperative Bank MICR code for Hcs Chandigarh branch in chandigarh

The MICR code 0 is used in RBI cheque clearing process to identify the branch Hcs Chandigarh and Haryana State Cooperative Bank 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 The Haryana State Co-Operative Apex Bank Ltd is typically in either of these two font’s: E-138 and CMC-7.