HDFC Bank Chikhali Pune Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Chikhali Pune Maharashtra

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chikhali
Contact 61606161
Bank Details Hdfc Bank Ltd Chikhali HDFC0003946
Location Chikhali, Pune
City Chikhali
District Pune
State Maharashtra
Pincode 411019
Country IN
Address Hdfc bank ltd pooja heights plot no122 5 chikhali purnanagar chinchwad pune maharashtra 411019
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 411240051 for Chikhali 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 411240051 of HDFC Bank Ltd, Chikhali branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Chikhali 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 -

>>Chikhali

MICR code for HDFC Bank Chikhali

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 Chikhali 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. 411240051 is the MICR code of HDFC for Chikhali branch. MICR code for Chikhali 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 Chikhali is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Chikhali branch in chikhali

The MICR code 411240051 is used in RBI cheque clearing process to identify the branch Chikhali 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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