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HDFC Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Mumbai Greater Bombay Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	400240015
Bank	Hdfc Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mumbai Stock Exchange
Contact	6160 6161
Bank Details	Hdfc Bank Ltd Mumbai Stock Exchange HDFC0000099

Location	Mumbai, Greater Bombay
City	Mumbai
District	Greater Bombay
State	Maharashtra
Pincode	400023
Country	IN
Address	65,sonawala bldgmumbai samachar margfort,mumbai maharashtra 400023

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 400240015 for Mumbai Stock Exchange 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 400240015 of HDFC Bank Ltd, Mumbai Stock Exchange branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Mumbai Stock Exchange branch, makes the characters readable even if there are other marks and stamps on it.

A total of 37 branches of Hdfc Bank Ltd are available with micr code -

>>A B Bank Limited >>A K Plaza >>Amboli Andheri >>Bandra Kurla Complex >>Clare Road Byculla >>Cuffe Parade Mumbai >>Deonar >>Excellent Co Op. Bank Ltd.Mumbai >>Jui Nagar >>Kharghar Sector Xii >>Malad Sahkari Bank Ltd. >>Maratha Sahakari Bank Ltd. >>Maratha Sahakari Bank Ltd. >>Maratha Sahakari Bank Ltd. >>Maratha Sahakari Bank Ltd. >>Maratha Sahakari Bank Ltd. >>Maratha Sahakari Bank Ltd. >>Maratha Sahakari Bank Ltd. >>Mazgaon >>Model Co Op Bank Ltd >>Mulund Sagar Garden >>Mumbai Stock Exchange >>New Dadar >>Not Available >>Patan Co Operative Bank Ltd >>Qatar National Bank >>Raigad Sahkari Bank Ltd >>Runwal Greens Nahur >>Sadhana Sahakari Bank Ltd >>Shalini Sahkari Bank Ltd >>Taloja Phase I >>The Sahebrao Deshmukh Coop Bank Ltd >>The Sarvodaya Co Op Bank Ltd Mum >>Tirupati Urban Co Op Bank Ltd. >>Vidyavihar West >>Wadala >>Zenith House

MICR code for HDFC Bank Mumbai Stock Exchange

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 Mumbai Stock Exchange 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. 400240015 is the MICR code of HDFC for Mumbai Stock Exchange branch. MICR code for Mumbai Stock Exchange 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 Mumbai Stock Exchange is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Mumbai Stock Exchange branch in mumbai

The MICR code 400240015 is used in RBI cheque clearing process to identify the branch Mumbai Stock Exchange 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.