HDFC Bank Fursungi Pune Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Fursungi 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 Fursungi
Contact 61606161
Bank Details Hdfc Bank Ltd Fursungi HDFC0009268
Location Fursungi, Pune
City Fursungi
District Pune
State Maharashtra
Pincode 412308
Country IN
Address Grd mezzanine floor shop no 1 2 3 solitare pune saswad road fursungi pune maharashtra 412308
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 411240068 for Fursungi 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 411240068 of HDFC Bank Ltd, Fursungi branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Fursungi 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 -

>>Fursungi

MICR code for HDFC Bank Fursungi

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 Fursungi 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. 411240068 is the MICR code of HDFC for Fursungi branch. MICR code for Fursungi 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 Fursungi is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Fursungi branch in fursungi

The MICR code 411240068 is used in RBI cheque clearing process to identify the branch Fursungi 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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