HDFC Bank Nanded Waghala Nanded Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Nanded Waghala Nanded 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	Cidco
Contact	22-61606161
Bank Details	Hdfc Bank Ltd Cidco HDFC0007138

Location	Nanded Waghala, Nanded
City	Nanded Waghala
District	Nanded
State	Maharashtra
Pincode	431603
Country	IN
Address	Plot 50 s no 51 latur phata near cancer hospital new mondha cidco nanded waghala maharashtra 431603

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 Cidco 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, Cidco branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Cidco 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 -

>>Cidco

MICR code for HDFC Bank Cidco

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 Cidco 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 Cidco branch. MICR code for Cidco 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 Cidco is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Cidco branch in nanded waghala

The MICR code 0 is used in RBI cheque clearing process to identify the branch Cidco 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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