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Bandhan Bank Bhopal Khandwa Madhya Pradesh MICR CODE

Find MICR Codes for Bandhan Bank Bhopal Khandwa Madhya Pradesh

MICR Code
Bank Bandhan Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khandwa
Contact 66090909
Bank Details Bandhan Bank Limited Khandwa BDBL0001366
Location Bhopal, Khandwa
City Bhopal
District Khandwa
State Madhya Pradesh
Pincode 450001
Country IN
Address B t college road,moghat thana,near bank of india,khandwa,madhya pradesh,pin -450001
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.

Search Bandhan Bank MICR Codes in khandwa

You can search through MICR Codes of Madhya Pradesh branches in bhopal of District khandwa in Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Khandwa

How to find MICR codes for Bandhan Bank in bhopal?

Bandhan Bank bhopal MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Bandhan Bank Ltd MICR codes list for bhopal, one can further search by branch name specified in the table. You can find MICR codes for all Bandhan Bank bhopal branches.

Bandhan Bank Ltd MICR code in bhopal

Bandhan Bank MICR code is a character recognition technology used by banks in the processing of cheques. Bandhan Bank Ltd MICR code for bhopal branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Bandhan Bank branches in bhopal, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Bandhan Bank MICR code for bhopal branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bandhan Bank bhopal branch, sprinted 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. Thus MICR code for Bandhan Bank Ltd bhopal branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Bandhan Bank MICR codes for bhopal branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!