HDFC Bank Nasik Nandgaon Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Nasik Nandgaon Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	423240504
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	Nandgaon
Contact	61606161
Bank Details	Hdfc Bank Ltd Nandgaon HDFC0004387

Location	Nasik, Nandgaon
City	Nasik
District	Nandgaon
State	Maharashtra
Pincode	423106
Country	IN
Address	Hdfc bank ltd ground floor of hotel amar cts 2417 at post nandgaon nashik maharashtra423106

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 423240504 for Nandgaon 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 423240504 of HDFC Bank Ltd, Nandgaon branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Nandgaon branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Hdfc Bank Ltd are available with micr code -

>>Nandgaon

MICR code for HDFC Bank Nandgaon

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 Nandgaon 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. 423240504 is the MICR code of HDFC for Nandgaon branch. MICR code for Nandgaon 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 Nandgaon is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Nandgaon branch in nasik

The MICR code 423240504 is used in RBI cheque clearing process to identify the branch Nandgaon 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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