HDFC Bank Bhiwandi Thane Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Bhiwandi Thane Maharashtra

↻ Reload
MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mankoli Bhiwandi
Contact 9890603333
Bank Details Hdfc Bank Ltd Mankoli Bhiwandi HDFC0009218
Location Bhiwandi, Thane
City Bhiwandi
District Thane
State Maharashtra
Pincode 421302
Country IN
Address Grd flr shop no 1 2 chamunda complex anjur rd village vai mankoli bhiwand thane maharashtra 421302
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 400240201 for Mankoli Bhiwandi 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 400240201 of HDFC Bank Ltd, Mankoli Bhiwandi branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Mankoli Bhiwandi 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 -

>>Bombay Mercantile Co Op Bank Ltd >>Mankoli Bhiwandi >>Sonale

MICR code for HDFC Bank Mankoli Bhiwandi

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 Mankoli Bhiwandi 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. 400240201 is the MICR code of HDFC for Mankoli Bhiwandi branch. MICR code for Mankoli Bhiwandi 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 Mankoli Bhiwandi is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Mankoli Bhiwandi branch in bhiwandi

The MICR code 400240201 is used in RBI cheque clearing process to identify the branch Mankoli Bhiwandi 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.

Copied!