HDFC Bank Valsad Valsad Gujarat MICR CODE

Find MICR Codes for HDFC Bank Valsad Valsad Gujarat

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mota Bazar Valsad
Contact 1800-2026161
Bank Details Hdfc Bank Ltd Mota Bazar Valsad HDFC0008070
Location Valsad, Valsad
City Valsad
District Valsad
State Gujarat
Pincode 396001
Country IN
Address Hdfc bank ltd grd and 1st floor stuti opp ambamata temple v p road mota bazar valsad gujarat 396001
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 0 for Mota Bazar Valsad 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 0 of HDFC Bank Ltd, Mota Bazar Valsad branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Mota Bazar Valsad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Hdfc Bank Ltd are available with micr code -

>>Bilad >>Mota Bazar Valsad

MICR code for HDFC Bank Mota Bazar Valsad

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 Mota Bazar Valsad 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. 0 is the MICR code of HDFC for Mota Bazar Valsad branch. MICR code for Mota Bazar Valsad 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 Mota Bazar Valsad is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Mota Bazar Valsad branch in valsad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mota Bazar Valsad 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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