HDFC Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Pune 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 Pune Nana Peth
Contact Sujit Kurup / Anant Shinde / Sandeep Puthran 022-30751912/ 2041 / 2042
Bank Details Hdfc Bank Ltd Pune Nana Peth HDFC0000633
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411002
Country IN
Address Rajveer complex , 934 nana peth quarter gate chowk , pune pune maharashtra 411002
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 411240020 for Pune Nana Peth 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 411240020 of HDFC Bank Ltd, Pune Nana Peth branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Pune Nana Peth branch, makes the characters readable even if there are other marks and stamps on it.

A total of 490 branches of Hdfc Bank Ltd are available with micr code -

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MICR code for HDFC Bank Pune Nana Peth

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 Pune Nana Peth 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. 411240020 is the MICR code of HDFC for Pune Nana Peth branch. MICR code for Pune Nana Peth 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 Pune Nana Peth is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Pune Nana Peth branch in pune

The MICR code 411240020 is used in RBI cheque clearing process to identify the branch Pune Nana Peth 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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