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HSBC Patna Patna Bihar MICR CODE

Find MICR Codes for HSBC Patna Patna Bihar

MICR Code
Bank Hsbc
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Patna
Contact Arshad Rasheed Ph: 9835033144 E-Mail: Arshadrasheed@hsbc.Co.In
Bank Details Hsbc Patna HSBC0800002
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800001
Country IN
Address Kataruka niwas, south gandhi maidan, patna 800001
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 800039002 for Patna 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 800039002 of HSBC Bank, Patna branch makes the system almost error free and faster. Use of HSBC Bank MICR codes for Patna branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Hsbc are available with micr code -

>>Patna

MICR code for HSBC Patna

HSBC MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. HSBC Bank MICR code for Patna 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. 800039002 is the MICR code of Hongkong And Shanghai Banking Corporation for Patna branch. MICR code for Patna 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 HSBC Bank Patna is presented in the table alongside.

Use of HSBC Bank MICR code for Patna branch in patna

The MICR code 800039002 is used in RBI cheque clearing process to identify the branch Patna and HSBC 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 Hongkong And Shanghai Banking Corporation is typically in either of these two font’s: E-138 and CMC-7.