HDFC Bank Sangamner Ahmadnagar Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Sangamner Ahmadnagar Maharashtra

↻ Reload
MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Sangamner Merch Co Op Bank Ltd
Contact 9960936640
Bank Details Hdfc Bank Ltd The Sangamner Merch Co Op Bank Ltd HDFC0CTSMCB
Location Sangamner, Ahmadnagar
City Sangamner
District Ahmadnagar
State Maharashtra
Pincode 422605
Country IN
Address Indira gandhi marg new nagar road
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 422804201 for The Sangamner Merch Co Op Bank Ltd 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 422804201 of HDFC Bank Ltd, The Sangamner Merch Co Op Bank Ltd branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for The Sangamner Merch Co Op Bank Ltd branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank The Sangamner Merch Co Op Bank Ltd

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 Sangamner Merch Co Op Bank Ltd 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. 422804201 is the MICR code of HDFC for The Sangamner Merch Co Op Bank Ltd branch. MICR code for The Sangamner Merch Co Op Bank Ltd 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 Sangamner Merch Co Op Bank Ltd is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for The Sangamner Merch Co Op Bank Ltd branch in sangamner

The MICR code 422804201 is used in RBI cheque clearing process to identify the branch The Sangamner Merch Co Op Bank Ltd 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!