HDFC Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Mumbai Mumbai Maharashtra

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MICR Code	400240120
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	Chandni Apartments Pali Road
Contact	Sujit Kurup / Anant Shinde / Sandeep Puthran 022-30751912/ 2041 / 2042
Bank Details	Hdfc Bank Ltd Chandni Apartments Pali Road HDFC0001316

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	400050
Country	IN
Address	Ground floor and first floorchandni apartmentsbandra west

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.

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Chandni Apartments Pali Road (400240120)

How does MICR code 400240120 for Chandni Apartments Pali Road 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 400240120 of HDFC Bank Ltd, Chandni Apartments Pali Road branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Chandni Apartments Pali Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 183 branches of Hdfc Bank Ltd are available with micr code -

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MICR code for HDFC Bank Chandni Apartments Pali Road

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 Chandni Apartments Pali Road 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. 400240120 is the MICR code of HDFC for Chandni Apartments Pali Road branch. MICR code for Chandni Apartments Pali Road 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 Chandni Apartments Pali Road is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Chandni Apartments Pali Road branch in mumbai

The MICR code 400240120 is used in RBI cheque clearing process to identify the branch Chandni Apartments Pali Road 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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