HDFC Bank Nasik Nashik Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Nasik Nashik Maharashtra

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Upnagar
Contact 20-61606161
Bank Details Hdfc Bank Ltd Upnagar HDFC0005841
Location Nasik, Nashik
City Nasik
District Nashik
State Maharashtra
Pincode 422006
Country IN
Address Shop no 1 to 6 plot no 2 anand nagar vyankates nashik road nashik maharashtra 422006
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 422240024 for Upnagar 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 422240024 of HDFC Bank Ltd, Upnagar branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Upnagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Upnagar

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 Upnagar 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. 422240024 is the MICR code of HDFC for Upnagar branch. MICR code for Upnagar 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 Upnagar is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Upnagar branch in nasik

The MICR code 422240024 is used in RBI cheque clearing process to identify the branch Upnagar 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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