HDFC Bank Wada Sindhudurg Maharashtra MICR CODE

Find MICR Codes for HDFC Bank Wada Sindhudurg Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	400240161
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	Wada
Contact	022-61606161
Bank Details	Hdfc Bank Ltd Wada HDFC0002246

Location	Wada, Sindhudurg
City	Wada
District	Sindhudurg
State	Maharashtra
Pincode	416805
Country	IN
Address	Wada hinglag mata complex 1st floor,panchavati naka nr.hanuman temple, dist-thane wada maharashtra

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 400240161 for Wada 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 400240161 of HDFC Bank Ltd, Wada branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Wada 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 -

>>Wada

MICR code for HDFC Bank Wada

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 Wada 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. 400240161 is the MICR code of HDFC for Wada branch. MICR code for Wada 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 Wada is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Wada branch in wada

The MICR code 400240161 is used in RBI cheque clearing process to identify the branch Wada 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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