HDFC Bank Sangli Sangli Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Sangli Sangli Maharashtra

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kille Machindragad
Contact 61606161
Bank Details Hdfc Bank Ltd Kille Machindragad HDFC0003675
Location Sangli, Sangli
City Sangli
District Sangli
State Maharashtra
Pincode 415302
Country IN
Address Hdfc bank ltd at post kille machindra gad po tal walwa dt sangli maharashtra 415302
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 415240514 for Kille Machindragad 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 415240514 of HDFC Bank Ltd, Kille Machindragad branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Kille Machindragad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Kille Machindragad

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 Kille Machindragad 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. 415240514 is the MICR code of HDFC for Kille Machindragad branch. MICR code for Kille Machindragad 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 Kille Machindragad is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Kille Machindragad branch in sangli

The MICR code 415240514 is used in RBI cheque clearing process to identify the branch Kille Machindragad 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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