HDFC Bank Saswad Pune Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Saswad Pune Maharashtra

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State
District
City
Branch
Address

MICR Code	-NA-
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	Saswad
Contact
Bank Details	Hdfc Bank Ltd Saswad HDFC0009583

Location	Saswad, Pune
City	Saswad
District	Pune
State	Maharashtra
Pincode	412301
Country	IN
Address	Stilt flr and gr flr cts 1046 bjp narayan chowk at pst saswad tal purandar saswad maharashtra 412301

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

>>Saswad

MICR code for HDFC Bank Saswad

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 Saswad 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 Saswad branch. MICR code for Saswad 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 Saswad is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Saswad branch in saswad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Saswad 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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