Bandhan Bank Belagavi Belagavi Karnataka MICR CODE

Find MICR Codes for Bandhan Bank Belagavi Belagavi Karnataka

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MICR Code
Bank Bandhan Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Belagavi I
Contact 33-40456456
Bank Details Bandhan Bank Limited Belagavi I BDBL0002914
Location Belagavi, Belagavi
City Belagavi
District Belagavi
State Karnataka
Pincode 590016
Country IN
Address Cts no 3929/8b, 1st floor, sangolli rayanna road,opp. District court compound, beside sbi, govt. Estate branch, belgavi - 590016 karnataka
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 Belagavi I 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, Belagavi I branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Belagavi I 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 -

>>Belagavi I

MICR code for Bandhan Bank Belagavi I

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 Belagavi I 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 Belagavi I branch. MICR code for Belagavi I 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 Belagavi I is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Belagavi I branch in belagavi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Belagavi I 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.

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