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Bandhan Bank Madurai Madurai Tamil Nadu MICR CODE

Find MICR Codes for Bandhan Bank Madurai Madurai Tamil Nadu

MICR Code
Bank Bandhan Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Anna Nagar Branch Madurai
Contact 33-66090909
Bank Details Bandhan Bank Limited Anna Nagar Branch Madurai BDBL0002372
Location Madurai, Madurai
City Madurai
District Madurai
State Tamil Nadu
Pincode 625020
Country IN
Address Ap towers,ground floor,4 936 to 4 939,vandiyur main road,anna nagar,madurai-625020,tamil nadu
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 0 for Anna Nagar Branch Madurai 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 0 of Bandhan Bank Ltd, Anna Nagar Branch Madurai branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Anna Nagar Branch Madurai 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 -

>>Anna Nagar Branch Madurai

MICR code for Bandhan Bank Anna Nagar Branch Madurai

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 Anna Nagar Branch Madurai 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. 0 is the MICR code of Bandhan Bank for Anna Nagar Branch Madurai branch. MICR code for Anna Nagar Branch Madurai 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 Anna Nagar Branch Madurai is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Anna Nagar Branch Madurai branch in madurai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Anna Nagar Branch Madurai 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.