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Bandhan Bank Indore Jhabua Madhya Pradesh MICR CODE

Find MICR Codes for Bandhan Bank Indore Jhabua Madhya Pradesh

MICR Code
Bank Bandhan Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Amodiya
Contact 66090909
Bank Details Bandhan Bank Limited Amodiya BDBL0001368
Location Indore, Jhabua
City Indore
District Jhabua
State Madhya Pradesh
Pincode 454116
Country IN
Address 162 seervimohalla, vill.amodiya, p.o.rajgarh, dist.dhar, madhya pradesh, pin -454116
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 454750501 for Amodiya 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 454750501 of Bandhan Bank Ltd, Amodiya branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Amodiya branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bandhan Bank Limited are available with micr code -

>>Amodiya

MICR code for Bandhan Bank Amodiya

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 Amodiya 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. 454750501 is the MICR code of Bandhan Bank for Amodiya branch. MICR code for Amodiya 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 Amodiya is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Amodiya branch in indore

The MICR code 454750501 is used in RBI cheque clearing process to identify the branch Amodiya 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.