MICR Code Bank
Find MICR code for Bandhan Bank branches in India for NEFT and RTGS transfer

Bandhan Bank MICR CODE

Find MICR Codes for Bandhan Bank

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  1. Bandhan Bank Limited »
  2. Madhya Pradesh »
  3. indore »
  4. indore »
  5. kanadiya road branch indore

Find MICR Codes for Bandhan Bank

MICR Code: -NA-
Bank: Bandhan Bank Limited
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Kanadiya Road Branch Indore
Contact: 33-66090909
Bank Details: Bandhan Bank Limited Kanadiya Road Branch Indore BDBL0002269
Location: Indore, Indore
City: Indore
District: Indore
State: Madhya Pradesh
Pincode: 452001
Country: IN
Address: 425 alok nagar, kanadiya main road, dist-indore, state-madhya pradesh, pin - 452001

How does MICR code for 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 of Bandhan Bank Ltd, branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bandhan Bank

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

Use of Bandhan Bank Ltd MICR code for branch in indore

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