HDFC Bank Bhandara Bhandara Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Bhandara Bhandara Maharashtra

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhandara
Contact 98906 03333
Bank Details Hdfc Bank Ltd Bhandara HDFC0002500
Location Bhandara, Bhandara
City Bhandara
District Bhandara
State Maharashtra
Pincode 441904
Country IN
Address Hdfc bank ltd., plot no.13/5, sheet no.35, rajgopalchari ward, bhandara maharashtra 441904
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 441240102 for Bhandara 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 441240102 of HDFC Bank Ltd, Bhandara branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Bhandara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Hdfc Bank Ltd are available with micr code -

>>Bhandara >>Market Road Bhandara >>The Bhandara Urban Coop Bnk Ltd

MICR code for HDFC Bank Bhandara

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 Bhandara 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. 441240102 is the MICR code of HDFC for Bhandara branch. MICR code for Bhandara 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 Bhandara is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Bhandara branch in bhandara

The MICR code 441240102 is used in RBI cheque clearing process to identify the branch Bhandara 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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