HDFC Bank Chiplun Ratnagiri Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Chiplun Ratnagiri Maharashtra

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pritivardhan Plaza Chiplun
Contact 1800-2026161
Bank Details Hdfc Bank Ltd Pritivardhan Plaza Chiplun HDFC0007974
Location Chiplun, Ratnagiri
City Chiplun
District Ratnagiri
State Maharashtra
Pincode 415605
Country IN
Address Office nos 1 2 3 1st floor pritivardhan plaza opp sane hospital karad rd chiplun 415 605 chiplun maharashtra 415605
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 Pritivardhan Plaza Chiplun 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, Pritivardhan Plaza Chiplun branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Pritivardhan Plaza Chiplun 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 -

>>Chiplun >>Pritivardhan Plaza Chiplun

MICR code for HDFC Bank Pritivardhan Plaza Chiplun

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 Pritivardhan Plaza Chiplun 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 Pritivardhan Plaza Chiplun branch. MICR code for Pritivardhan Plaza Chiplun 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 Pritivardhan Plaza Chiplun is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Pritivardhan Plaza Chiplun branch in chiplun

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pritivardhan Plaza Chiplun 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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