HDFC Bank Bid Ashti Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Bid Ashti Maharashtra

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MICR Code	-NA-
Bank	Hdfc Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ashti
Contact	1800-2026161
Bank Details	Hdfc Bank Ltd Ashti HDFC0005962

Location	Bid, Ashti
City	Bid
District	Ashti
State	Maharashtra
Pincode	414203
Country	IN
Address	Hdfc bank ltd plot no 25 ram janki complex near panchayat samiti dist beed ashti maharashtra 414203

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 Ashti 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 HDFC Bank Ltd, Ashti branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Ashti branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Ashti

MICR code for HDFC Bank Ashti

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

Use of HDFC Bank Ltd MICR code for Ashti branch in bid

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

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