HDFC Bank Niphad Nasik Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Niphad Nasik Maharashtra

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vanasgaon
Contact 890603333
Bank Details Hdfc Bank Ltd Vanasgaon HDFC0003633
Location Niphad, Nasik
City Niphad
District Nasik
State Maharashtra
Pincode 422304
Country IN
Address Kondyabai wagh niwas ap vanasgaon ugaon road tal niphad dist nashik maharashtra 422304
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 422240506 for Vanasgaon 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 422240506 of HDFC Bank Ltd, Vanasgaon branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Vanasgaon 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 -

>>Muktai Urban Co Op Bank Ltd >>Niphad >>Vanasgaon

MICR code for HDFC Bank Vanasgaon

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 Vanasgaon 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. 422240506 is the MICR code of HDFC for Vanasgaon branch. MICR code for Vanasgaon 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 Vanasgaon is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Vanasgaon branch in niphad

The MICR code 422240506 is used in RBI cheque clearing process to identify the branch Vanasgaon 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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