HDFC Bank Nasik Nasik Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Nasik Nasik Maharashtra

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MICR Code	422893501
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	The Niphad Urban Co Op Bank
Contact	241064
Bank Details	Hdfc Bank Ltd The Niphad Urban Co Op Bank HDFC0CNUCB1

Location	Nasik, Nasik
City	Nasik
District	Nasik
State	Maharashtra
Pincode	423401
Country	IN
Address	At post tal niphad d line aurangabad road shantinagar niphad dist 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 422893501 for The Niphad Urban Co Op 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 422893501 of HDFC Bank Ltd, The Niphad Urban Co Op Bank branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for The Niphad Urban Co Op 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 The Niphad Urban Co Op 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 The Niphad Urban Co Op 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. 422893501 is the MICR code of HDFC for The Niphad Urban Co Op Bank branch. MICR code for The Niphad Urban Co Op 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 The Niphad Urban Co Op Bank is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for The Niphad Urban Co Op Bank branch in nasik

The MICR code 422893501 is used in RBI cheque clearing process to identify the branch The Niphad Urban Co Op 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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