HDFC Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Pune Pune Maharashtra

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tingare Nagar
Contact 1800-2026161
Bank Details Hdfc Bank Ltd Tingare Nagar HDFC0007845
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411032
Country IN
Address Ward no 03 h no 3 211 road no 13 near datta mandir tingare nagar dhanori pune maharashtra 411032
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 Tingare Nagar 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, Tingare Nagar branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Tingare Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 490 branches of Hdfc Bank Ltd are available with micr code -

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MICR code for HDFC Bank Tingare Nagar

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 Tingare Nagar 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 Tingare Nagar branch. MICR code for Tingare Nagar 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 Tingare Nagar is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Tingare Nagar branch in pune

The MICR code 0 is used in RBI cheque clearing process to identify the branch Tingare Nagar 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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