HDFC Bank Dahiwadi Satara Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Dahiwadi Satara Maharashtra

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dahiwadi
Contact 20-61606161
Bank Details Hdfc Bank Ltd Dahiwadi HDFC0005240
Location Dahiwadi, Satara
City Dahiwadi
District Satara
State Maharashtra
Pincode 415508
Country IN
Address Mayani dahiwadi road dahiwadi man taluka dahivadi maharashtra 415508
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 Dahiwadi 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, Dahiwadi branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Dahiwadi 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 -

>>Dahiwadi

MICR code for HDFC Bank Dahiwadi

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

Use of HDFC Bank Ltd MICR code for Dahiwadi branch in dahiwadi

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