HDFC Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Mumbai Greater Bombay Maharashtra

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kharghar Sector Xii
Contact 61606161
Bank Details Hdfc Bank Ltd Kharghar Sector Xii HDFC0003650
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 410210
Country IN
Address Hdfc bank ltd krishna chs shop18 19 sec 12 plot nod 69 pandav kada rd opp mseb office khargharnavi mumbai maharashtra 410210
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 400240188 for Kharghar Sector Xii 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 400240188 of HDFC Bank Ltd, Kharghar Sector Xii branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Kharghar Sector Xii branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Kharghar Sector Xii

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 Kharghar Sector Xii 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. 400240188 is the MICR code of HDFC for Kharghar Sector Xii branch. MICR code for Kharghar Sector Xii 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 Kharghar Sector Xii is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Kharghar Sector Xii branch in mumbai

The MICR code 400240188 is used in RBI cheque clearing process to identify the branch Kharghar Sector Xii 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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