HDFC Bank Sangamner Ahmednagar Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Sangamner Ahmednagar Maharashtra

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sangamner Ahmednagar
Contact Sujit Kurup / Anant Shinde / Sandeep Puthran 022-30751912/ 2041 / 2042
Bank Details Hdfc Bank Ltd Sangamner Ahmednagar HDFC0000463
Location Sangamner, Ahmednagar
City Sangamner
District Ahmednagar
State Maharashtra
Pincode 422605
Country IN
Address Shop no 1, janak plaza, new nagarroad, sangamner, ahmednagar, maharashtra 422605
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 422240001 for Sangamner Ahmednagar 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 422240001 of HDFC Bank Ltd, Sangamner Ahmednagar branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Sangamner Ahmednagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Hdfc Bank Ltd are available with micr code -

>>Sangamner Ahmednagar

MICR code for HDFC Bank Sangamner Ahmednagar

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 Sangamner Ahmednagar 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. 422240001 is the MICR code of HDFC for Sangamner Ahmednagar branch. MICR code for Sangamner Ahmednagar 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 Sangamner Ahmednagar is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Sangamner Ahmednagar branch in sangamner

The MICR code 422240001 is used in RBI cheque clearing process to identify the branch Sangamner Ahmednagar 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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