HDFC Bank Vashi Thane Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Vashi Thane Maharashtra

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bombay Mercantile Co Op Bank Ltd
Contact 22-27820373
Bank Details Hdfc Bank Ltd Bombay Mercantile Co Op Bank Ltd HDFC0CBMC31
Location Vashi, Thane
City Vashi
District Thane
State Maharashtra
Pincode 400703
Country IN
Address Sector-7 shop no.25-28 navi mumbai-400703
MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bombay Mercantile Co Op Bank Ltd
Contact 22-27893985
Bank Details Hdfc Bank Ltd Bombay Mercantile Co Op Bank Ltd HDFC0CBMC36
Location Vashi, Thane
City Vashi
District Thane
State Maharashtra
Pincode 400705
Country IN
Address Vardhman chambers co op hsg. Society shop no.5to7& 11,plot no.84 sector-17 vashi navi mumbai-400705
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 400069016 for Bombay Mercantile 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 400069016 of HDFC Bank Ltd, Bombay Mercantile Co Op Bank Ltd branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Bombay Mercantile Co Op Bank Ltd branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Hdfc Bank Ltd are available with micr code -

>>Bombay Mercantile Co Op Bank Ltd >>Bombay Mercantile Co Op Bank Ltd

MICR code for HDFC Bank Bombay Mercantile 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 Bombay Mercantile 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. 400069016 is the MICR code of HDFC for Bombay Mercantile Co Op Bank Ltd branch. MICR code for Bombay Mercantile 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 Bombay Mercantile Co Op Bank Ltd is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Bombay Mercantile Co Op Bank Ltd branch in vashi

The MICR code 400069016 is used in RBI cheque clearing process to identify the branch Bombay Mercantile 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.

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