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 Mumbai Vasai (W)
Contact Sujit Kurup / Anant Shinde / Sandeep Puthran 022-30751912/ 2041 / 2042
Bank Details Hdfc Bank Ltd Mumbai Vasai (W) HDFC0000408
Location Thane, Thane
City Thane
District Thane
State Maharashtra
Pincode 401202
Country IN
Address Gf mangesh bhuvan,guru nanak nagar,ambadi road,vasai (west).vasaimaharashtra401202
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 400240061 for Mumbai Vasai (W) 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 400240061 of HDFC Bank Ltd, Mumbai Vasai (W) branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Mumbai Vasai (W) branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Mumbai Vasai (W)

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 Vasai (W) 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. 400240061 is the MICR code of HDFC for Mumbai Vasai (W) branch. MICR code for Mumbai Vasai (W) 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 Vasai (W) is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Mumbai Vasai (W) branch in thane

The MICR code 400240061 is used in RBI cheque clearing process to identify the branch Mumbai Vasai (W) 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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