MICR CODE | 160240087 |
---|---|
Bank | Hdfc Bank |
Branch | Phase V Mohali |
IFSC Code | IFSC Code Hdfc Bank |
Address | Hdfc Bank Ltd Ground And First Floor Scf 46 Phase 5 Mohali Punjab 160059 |
City | Mohali |
State | Punjab |
Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).