HDFC Bank Parli Vaijnath Bid Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Parli Vaijnath Bid Maharashtra

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Parli
Contact
Bank Details Hdfc Bank Ltd Parli HDFC0002849
Location Parli Vaijnath, Bid
City Parli Vaijnath
District Bid
State Maharashtra
Pincode 431515
Country IN
Address Hdfc bank ltd., chetan agency , laxmi m arket, mondha, near idbi bank, parli, bid maharashtra 431515
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 431240352 for Parli 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 431240352 of HDFC Bank Ltd, Parli branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Parli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Hdfc Bank Ltd are available with micr code -

>>Mahesh Urban Coop Bank Ltd >>Parli >>The Vaidyanath Urban Coop Bank

MICR code for HDFC Bank Parli

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 Parli 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. 431240352 is the MICR code of HDFC for Parli branch. MICR code for Parli 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 Parli is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Parli branch in parli vaijnath

The MICR code 431240352 is used in RBI cheque clearing process to identify the branch Parli 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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