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Woori Bank Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for Woori Bank Gurgaon Gurgaon Haryana

MICR Code
Bank Woori Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gurgaon Branch
Contact 3046700
Bank Details Woori Bank Gurgaon Branch HVBK0000002
Location Gurgaon, Gurgaon
City Gurgaon
District Gurgaon
State Haryana
Pincode
Country IN
Address 1st floor, a-block, salcon platina building, dlf phase 1, sikanderpur, mg road, sector - 28, gurgaon
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 Gurgaon Branch 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 Woori Bank, Gurgaon Branch branch makes the system almost error free and faster. Use of Woori Bank MICR codes for Gurgaon Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Woori Bank are available with micr code -

>>Gurgaon Branch

MICR code for Woori Bank Gurgaon Branch

Woori Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Woori Bank MICR code for Gurgaon Branch 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 Woori Bank for Gurgaon Branch branch. MICR code for Gurgaon Branch 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 Woori Bank Gurgaon Branch is presented in the table alongside.

Use of Woori Bank MICR code for Gurgaon Branch branch in gurgaon

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gurgaon Branch and Woori 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 Woori Bank is typically in either of these two font’s: E-138 and CMC-7.