HDFC Bank Greater Bombay Mumbai Suburban Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Greater Bombay Mumbai Suburban Maharashtra

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mhb Colony Borivali West
Contact 1800-2026161
Bank Details Hdfc Bank Ltd Mhb Colony Borivali West HDFC0010301
Location Greater Bombay, Mumbai Suburban
City Greater Bombay
District Mumbai Suburban
State Maharashtra
Pincode 400091
Country IN
Address Shop 3 and 4 grd floor bhoomi prarambh p don bosco school adjacent to borivali west metro mumbai suburban maharashtra 400091
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 0 for Mhb Colony Borivali West 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 0 of HDFC Bank Ltd, Mhb Colony Borivali West branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Mhb Colony Borivali West branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Hdfc Bank Ltd are available with micr code -

>>Godrej Urban Park Chandivali >>Inorbit Malad >>Kanjurmarg East >>Mhb Colony Borivali West

MICR code for HDFC Bank Mhb Colony Borivali West

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 Mhb Colony Borivali West 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. 0 is the MICR code of HDFC for Mhb Colony Borivali West branch. MICR code for Mhb Colony Borivali West 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 Mhb Colony Borivali West is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Mhb Colony Borivali West branch in greater bombay

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mhb Colony Borivali West 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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