HDFC Bank Raigad Kamothe Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Raigad Kamothe Maharashtra

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kamothe
Contact 61606161
Bank Details Hdfc Bank Ltd Kamothe HDFC0003997
Location Raigad, Kamothe
City Raigad
District Kamothe
State Maharashtra
Pincode 410209
Country IN
Address Hdfc bank ltd prateek gems plot no10 11 shop no2 sector 35 kamothe thane navi mumbai maharashtra 410209
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 400240189 for Kamothe 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 400240189 of HDFC Bank Ltd, Kamothe branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Kamothe 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 -

>>Kamothe

MICR code for HDFC Bank Kamothe

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 Kamothe 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. 400240189 is the MICR code of HDFC for Kamothe branch. MICR code for Kamothe 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 Kamothe is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Kamothe branch in raigad

The MICR code 400240189 is used in RBI cheque clearing process to identify the branch Kamothe 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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