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Bandhan Bank Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Bandhan Bank Bangalore Bangalore Karnataka

MICR Code
Bank Bandhan Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Indira Nagar
Contact 8884333703
Bank Details Bandhan Bank Limited Indira Nagar BDBL0001609
Location Bangalore, Bangalore
City Bangalore
District Bangalore
State Karnataka
Pincode 560038
Country IN
Address 25, ramplaza, cmh road, p.o.indiranagar, birramangala, ii nd stage, bangalore - 560038
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 560750003 for Indira Nagar 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 560750003 of Bandhan Bank Ltd, Indira Nagar branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Indira Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bandhan Bank Indira Nagar

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 Indira Nagar 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. 560750003 is the MICR code of Bandhan Bank for Indira Nagar branch. MICR code for Indira Nagar 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 Indira Nagar is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Indira Nagar branch in bangalore

The MICR code 560750003 is used in RBI cheque clearing process to identify the branch Indira Nagar 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.