HDFC Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Pune Pune Maharashtra

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MICR Code	411240042
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	Bawdhan Pune
Contact
Bank Details	Hdfc Bank Ltd Bawdhan Pune HDFC0002690

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411021
Country	IN
Address	Ground floor, patil palace, s.no.-2-1, nda-pashan road, bavdh an, pune maharashtra 411021

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 411240042 for Bawdhan Pune 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 411240042 of HDFC Bank Ltd, Bawdhan Pune branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Bawdhan Pune branch, makes the characters readable even if there are other marks and stamps on it.

A total of 491 branches of Hdfc Bank Ltd are available with micr code -

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MICR code for HDFC Bank Bawdhan Pune

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 Bawdhan Pune 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. 411240042 is the MICR code of HDFC for Bawdhan Pune branch. MICR code for Bawdhan Pune 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 Bawdhan Pune is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Bawdhan Pune branch in pune

The MICR code 411240042 is used in RBI cheque clearing process to identify the branch Bawdhan Pune 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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