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HSBC Kolkata Kolkata West Bengal MICR CODE

Find MICR Codes for HSBC Kolkata Kolkata West Bengal

MICR Code
Bank Hsbc
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shakespeare Sarani Kolkata
Contact Praveen Chandna Ph: 9836561104 E-Mail: Praveenchandna@hsbc.Co.In
Bank Details Hsbc Shakespeare Sarani Kolkata HSBC0700010
Location Kolkata, Kolkata
City Kolkata
District Kolkata
State West Bengal
Pincode 700017
Country IN
Address Jasmine towers, 31, shakespeare sarani, kolkata 700 017
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 700039010 for Shakespeare Sarani Kolkata 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 700039010 of HSBC Bank, Shakespeare Sarani Kolkata branch makes the system almost error free and faster. Use of HSBC Bank MICR codes for Shakespeare Sarani Kolkata branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HSBC Shakespeare Sarani Kolkata

HSBC MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. HSBC Bank MICR code for Shakespeare Sarani Kolkata 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. 700039010 is the MICR code of Hongkong And Shanghai Banking Corporation for Shakespeare Sarani Kolkata branch. MICR code for Shakespeare Sarani Kolkata 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 Shakespeare Sarani Kolkata is presented in the table alongside.

Use of HSBC Bank MICR code for Shakespeare Sarani Kolkata branch in kolkata

The MICR code 700039010 is used in RBI cheque clearing process to identify the branch Shakespeare Sarani Kolkata 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.