HDFC Bank Raigarh Panvel Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Raigarh Panvel Maharashtra

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dronagiri
Contact 1800-2026161
Bank Details Hdfc Bank Ltd Dronagiri HDFC0008081
Location Raigarh, Panvel
City Raigarh
District Panvel
State Maharashtra
Pincode 400702
Country IN
Address Shop no 1 to 4 grd floor akshar edeaina plot no 45 uran sector 47 dronagiri dist raigad panvel maharashtra 400702
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 Dronagiri 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, Dronagiri branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Dronagiri 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 -

>>Dronagiri

MICR code for HDFC Bank Dronagiri

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

Use of HDFC Bank Ltd MICR code for Dronagiri branch in raigarh

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