HDFC Bank Nuvem South Goa Goa MICR CODE

Find MICR Codes for HDFC Bank Nuvem South Goa Goa

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MICR Code	403240042
Bank	Hdfc Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nuvem
Contact
Bank Details	Hdfc Bank Ltd Nuvem HDFC0002832

Location	Nuvem, South Goa
City	Nuvem
District	South Goa
State	Goa
Pincode	403604
Country	IN
Address	H.no 31a1, 31a2, 31a3 near goa ceramic house on nh 17 margao-panaji road, belloi,salcette nuvem goa 403604

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 403240042 for Nuvem 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 403240042 of HDFC Bank Ltd, Nuvem branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Nuvem 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 -

>>Davorlim >>Nuvem

MICR code for HDFC Bank Nuvem

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 Nuvem 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. 403240042 is the MICR code of HDFC for Nuvem branch. MICR code for Nuvem 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 Nuvem is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Nuvem branch in nuvem

The MICR code 403240042 is used in RBI cheque clearing process to identify the branch Nuvem 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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