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Bandhan Bank Raipur Raipur Chhattisgarh MICR CODE

Find MICR Codes for Bandhan Bank Raipur Raipur Chhattisgarh

MICR Code
Bank Bandhan Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhatapara
Contact 8109446339
Bank Details Bandhan Bank Limited Bhatapara BDBL0001446
Location Raipur, Raipur
City Raipur
District Raipur
State Chhattisgarh
Pincode 493118
Country IN
Address Main road,maharani chowk,bhatapara,dist.baloda bazar,chhattisgarh,pin - 493118
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 493750201 for Bhatapara 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 493750201 of Bandhan Bank Ltd, Bhatapara branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Bhatapara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Bandhan Bank Limited are available with micr code -

>>Bhatapara >>G.E Road Raipur Branch >>Mahasamund >>Naya Raipur >>Raipur Ii

MICR code for Bandhan Bank Bhatapara

Bandhan Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bandhan Bank Ltd MICR code for Bhatapara 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. 493750201 is the MICR code of Bandhan Bank for Bhatapara branch. MICR code for Bhatapara 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 Bandhan Bank Ltd Bhatapara is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Bhatapara branch in raipur

The MICR code 493750201 is used in RBI cheque clearing process to identify the branch Bhatapara and Bandhan 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 Bandhan Bank is typically in either of these two font’s: E-138 and CMC-7.