HDFC Bank Manchar Pune Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Manchar 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 Manchar
Contact 9890603333
Bank Details Hdfc Bank Ltd Manchar HDFC0009167
Location Manchar, Pune
City Manchar
District Pune
State Maharashtra
Pincode 410503
Country IN
Address Hdfc bank ltd upper grnd flr shop no 22 23 24 26 of trimurti complex pune nashik highway at post manchar pune maharashtra 410503
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 410240052 for Manchar 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 410240052 of HDFC Bank Ltd, Manchar branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Manchar 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 -

>>Manchar

MICR code for HDFC Bank Manchar

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 Manchar 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. 410240052 is the MICR code of HDFC for Manchar branch. MICR code for Manchar 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 Manchar is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Manchar branch in manchar

The MICR code 410240052 is used in RBI cheque clearing process to identify the branch Manchar 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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