HDFC Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Thane Thane Maharashtra

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Midc Dombivli East
Contact 9890603333
Bank Details Hdfc Bank Ltd Midc Dombivli East HDFC0003783
Location Thane, Thane
City Thane
District Thane
State Maharashtra
Pincode 421201
Country IN
Address Hdfc bank ltd grnd flr 10 11 12 15 16 kasturi ashish davdi naka kalyan shil rd maharashtra421201
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 400240177 for Midc Dombivli East 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 400240177 of HDFC Bank Ltd, Midc Dombivli East branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Midc Dombivli East branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Midc Dombivli East

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 Midc Dombivli East 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. 400240177 is the MICR code of HDFC for Midc Dombivli East branch. MICR code for Midc Dombivli East 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 Midc Dombivli East is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Midc Dombivli East branch in thane

The MICR code 400240177 is used in RBI cheque clearing process to identify the branch Midc Dombivli East 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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