Bandhan Bank Bhopal Neemuch Madhya Pradesh MICR CODE

Find MICR Codes for Bandhan Bank Bhopal Neemuch Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	458750051
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	Neemuch
Contact	9981515224
Bank Details	Bandhan Bank Limited Neemuch BDBL0001513

Location	Bhopal, Neemuch
City	Bhopal
District	Neemuch
State	Madhya Pradesh
Pincode	458441
Country	IN
Address	Plot no.20/2 trimurti bhawan,infront of the town hall,dashera maidan,neemuch cant,madhya pradesh,pin - 458441

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 458750051 for Neemuch 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 458750051 of Bandhan Bank Ltd, Neemuch branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Neemuch 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 -

>>Neemuch

MICR code for Bandhan Bank Neemuch

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 Neemuch 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. 458750051 is the MICR code of Bandhan Bank for Neemuch branch. MICR code for Neemuch 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 Neemuch is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Neemuch branch in bhopal

The MICR code 458750051 is used in RBI cheque clearing process to identify the branch Neemuch 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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