HDFC Bank Aurangabad Sawangi Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Aurangabad Sawangi Maharashtra

↻ Reload
MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sawangi
Contact 1800-2026161
Bank Details Hdfc Bank Ltd Sawangi HDFC0008463
Location Aurangabad, Sawangi
City Aurangabad
District Sawangi
State Maharashtra
Pincode 431008
Country IN
Address Hdfc bank ltd grd floor gat no 209 property no 2987 gunjale complex sawangi sawangi maharashtra 431008
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 Sawangi 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, Sawangi branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Sawangi 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 -

>>Sawangi

MICR code for HDFC Bank Sawangi

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

Use of HDFC Bank Ltd MICR code for Sawangi branch in aurangabad

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

Copied!