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HDFC Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Mumbai Greater Bombay Maharashtra

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Clare Road Byculla
Contact
Bank Details Hdfc Bank Ltd Clare Road Byculla HDFC0002860
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400008
Country IN
Address Hdfc bank ltd., la vision bldg., sh no.3,grd. Flr,85 mir za galib mrg clare road,nagpada junction,byculla mumbai maharashtra 400008
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 400240168 for Clare Road Byculla 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 400240168 of HDFC Bank Ltd, Clare Road Byculla branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Clare Road Byculla branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Clare Road Byculla

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 Clare Road Byculla 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. 400240168 is the MICR code of HDFC for Clare Road Byculla branch. MICR code for Clare Road Byculla 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 Clare Road Byculla is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Clare Road Byculla branch in mumbai

The MICR code 400240168 is used in RBI cheque clearing process to identify the branch Clare Road Byculla 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.