HDFC Bank Nasik Nasik Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Nasik Nasik Maharashtra

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shri Ganesh Sahakari Bank
Contact 2532573447
Bank Details Hdfc Bank Ltd Shri Ganesh Sahakari Bank HDFC0CGSBL1
Location Nasik, Nasik
City Nasik
District Nasik
State Maharashtra
Pincode
Country IN
Address Raviwar karanja branch marathe tower nasik
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 422505003 for Shri Ganesh Sahakari Bank 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 422505003 of HDFC Bank Ltd, Shri Ganesh Sahakari Bank branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Shri Ganesh Sahakari Bank branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Hdfc Bank Ltd are available with micr code -

>>Adgaon Branch >>Sandip Foundation Mahirawani >>Shri Ganesh Sahakari Bank >>The Niphad Urban Co Op Bank

MICR code for HDFC Bank Shri Ganesh Sahakari Bank

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 Shri Ganesh Sahakari Bank 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. 422505003 is the MICR code of HDFC for Shri Ganesh Sahakari Bank branch. MICR code for Shri Ganesh Sahakari Bank 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 Shri Ganesh Sahakari Bank is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Shri Ganesh Sahakari Bank branch in nasik

The MICR code 422505003 is used in RBI cheque clearing process to identify the branch Shri Ganesh Sahakari Bank 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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