HDFC Bank Thane New Bombay Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Thane New Bombay Maharashtra

MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vashi Sector X Ix
Contact 61606161
Bank Details Hdfc Bank Ltd Vashi Sector X Ix HDFC0004360
Location Thane, New Bombay
City Thane
District New Bombay
State Maharashtra
Pincode 400705
Country IN
Address Shop no 4 satra plaza sector 19 palm beach road vashi navi mumbai navi mumbai maharashtra400705
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 400240195 for Vashi Sector X Ix 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 400240195 of HDFC Bank Ltd, Vashi Sector X Ix branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Vashi Sector X Ix branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Hdfc Bank Ltd are available with micr code -

>>Airoli Ii >>Nerul West >>Vashi Sector X Ix

MICR code for HDFC Bank Vashi Sector X Ix

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 Vashi Sector X Ix 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. 400240195 is the MICR code of HDFC for Vashi Sector X Ix branch. MICR code for Vashi Sector X Ix 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 Vashi Sector X Ix is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Vashi Sector X Ix branch in thane

The MICR code 400240195 is used in RBI cheque clearing process to identify the branch Vashi Sector X Ix 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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