| MICR CODE | 400240172 |
|---|---|
| Bank | Hdfc Bank |
| Branch | Panvel Old Panvel |
| IFSC Code | IFSC Code Hdfc Bank |
| Address | Hdfc Bank Ltd.,nirman Chs., Shop No.3 Sec 13 Khanda Colony, New Panvel, Navi Mumbai Raigad Maharashtra 410206 |
| City | Panvel |
| State | Maharashtra |
Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).