HDFC Bank Karanja Raigad Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Karanja Raigad Maharashtra

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karanja
Contact 98906 03333
Bank Details Hdfc Bank Ltd Karanja HDFC0003345
Location Karanja, Raigad
City Karanja
District Raigad
State Maharashtra
Pincode 444105
Country IN
Address Hdfc bank ltd., innani complex,opp. Mahesh bhavan, karanjalad washim maharashtra 444105
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 444240506 for Karanja 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 444240506 of HDFC Bank Ltd, Karanja branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Karanja 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 -

>>Karanja

MICR code for HDFC Bank Karanja

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 Karanja 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. 444240506 is the MICR code of HDFC for Karanja branch. MICR code for Karanja 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 Karanja is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Karanja branch in karanja

The MICR code 444240506 is used in RBI cheque clearing process to identify the branch Karanja 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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