Bandhan Bank Medchal Malkajgiri Hyderabad Telangana MICR CODE

Find MICR Codes for Bandhan Bank Medchal Malkajgiri Hyderabad Telangana

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MICR Code	-NA-
Bank	Bandhan Bank Limited
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kompally Branch
Contact	9831025301
Bank Details	Bandhan Bank Limited Kompally Branch BDBL0002530

Location	Medchal Malkajgiri, Hyderabad
City	Medchal Malkajgiri
District	Hyderabad
State	Telangana
Pincode	500014
Country	IN
Address	Ground floor, plot no 1-115-bn-7, 8, 9, 10, 11, navi comercial complex, bank street, kompally, hyderabad, dist - medchal - malkajgiri, state - telangana , pin - 500014

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 Kompally Branch 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, Kompally Branch branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Kompally Branch 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 -

>>Kompally Branch

MICR code for Bandhan Bank Kompally Branch

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 Kompally Branch 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 Kompally Branch branch. MICR code for Kompally Branch 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 Kompally Branch is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Kompally Branch branch in medchal malkajgiri

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

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