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Bandhan Bank Patna Araria Bihar MICR CODE

Find MICR Codes for Bandhan Bank Patna Araria Bihar

Bank
State
District
City
Branch
Address

MICR Code	854750502
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	Maratibpur
Contact	9973696267
Bank Details	Bandhan Bank Limited Maratibpur BDBL0001167

Location	Patna, Araria
City	Patna
District	Araria
State	Bihar
Pincode	854331
Country	IN
Address	Vill maratibpur, p.o-kursakanta, dist.araria, bihar, pin-854331

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 854750502 for Maratibpur 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 854750502 of Bandhan Bank Ltd, Maratibpur branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Maratibpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Bandhan Bank Limited are available with micr code -

>>Araria >>Chahatpur >>Forbesganj >>Maratibpur

MICR code for Bandhan Bank Maratibpur

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 Maratibpur 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. 854750502 is the MICR code of Bandhan Bank for Maratibpur branch. MICR code for Maratibpur 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 Maratibpur is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Maratibpur branch in patna

The MICR code 854750502 is used in RBI cheque clearing process to identify the branch Maratibpur 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.