HDFC Bank Aurangabad Aurangabad Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Aurangabad Aurangabad Maharashtra

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khamgaon Urban Co Op Bank Ltd.
Contact 2328444
Bank Details Hdfc Bank Ltd Khamgaon Urban Co Op Bank Ltd. HDFC0CKUB30
Location Aurangabad, Aurangabad
City Aurangabad
District Aurangabad
State Maharashtra
Pincode
Country IN
Address Jalna road apna bazar buil no.2,aurangabad
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 431072512 for Khamgaon Urban 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 431072512 of HDFC Bank Ltd, Khamgaon Urban Co Op Bank Ltd. branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Khamgaon Urban Co Op Bank Ltd. branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Khamgaon Urban 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 Khamgaon Urban 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. 431072512 is the MICR code of HDFC for Khamgaon Urban Co Op Bank Ltd. branch. MICR code for Khamgaon Urban 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 Khamgaon Urban Co Op Bank Ltd. is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Khamgaon Urban Co Op Bank Ltd. branch in aurangabad

The MICR code 431072512 is used in RBI cheque clearing process to identify the branch Khamgaon Urban 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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