HDFC Bank Vikramgad Vikramgad Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Vikramgad Vikramgad Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	401240501
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	Vikramgad
Contact	98906 03333
Bank Details	Hdfc Bank Ltd Vikramgad HDFC0002866

Location	Vikramgad, Vikramgad
City	Vikramgad
District	Vikramgad
State	Maharashtra
Pincode	401605
Country	IN
Address	First floor, balaji complex, dahanu road, vikrangarh naka, vikramgarh thane maharashtra 401605

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 401240501 for Vikramgad 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 401240501 of HDFC Bank Ltd, Vikramgad branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Vikramgad 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 -

>>Vikramgad

MICR code for HDFC Bank Vikramgad

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 Vikramgad 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. 401240501 is the MICR code of HDFC for Vikramgad branch. MICR code for Vikramgad 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 Vikramgad is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Vikramgad branch in vikramgad

The MICR code 401240501 is used in RBI cheque clearing process to identify the branch Vikramgad 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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