HDFC Bank Bhiwandi Thane Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Bhiwandi Thane Maharashtra

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sonale
Contact 9890603333
Bank Details Hdfc Bank Ltd Sonale HDFC0009264
Location Bhiwandi, Thane
City Bhiwandi
District Thane
State Maharashtra
Pincode 421302
Country IN
Address Grd flr shop no 4 5 master plaza commercial complex nr mum nasik highway bhiwandi maharashtra 421302
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 400240204 for Sonale 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 400240204 of HDFC Bank Ltd, Sonale branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Sonale branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Hdfc Bank Ltd are available with micr code -

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MICR code for HDFC Bank Sonale

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 Sonale 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. 400240204 is the MICR code of HDFC for Sonale branch. MICR code for Sonale 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 Sonale is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Sonale branch in bhiwandi

The MICR code 400240204 is used in RBI cheque clearing process to identify the branch Sonale 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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