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Bandhan Bank Kapurthala Kapurthala Punjab MICR CODE

Find MICR Codes for Bandhan Bank Kapurthala Kapurthala Punjab

Bank
State
District
City
Branch
Address

MICR Code	144750202
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	Phagwara
Contact	66090909
Bank Details	Bandhan Bank Limited Phagwara BDBL0001782

Location	Kapurthala, Kapurthala
City	Kapurthala
District	Kapurthala
State	Punjab
Pincode	144401
Country	IN
Address	Handa city centre, opposite bus stand, g.t.road, phagwara, punjab, pin 144401

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 144750202 for Phagwara 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 144750202 of Bandhan Bank Ltd, Phagwara branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Phagwara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bandhan Bank Limited are available with micr code -

>>Kapurthala >>Phagwara

MICR code for Bandhan Bank Phagwara

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 Phagwara 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. 144750202 is the MICR code of Bandhan Bank for Phagwara branch. MICR code for Phagwara 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 Phagwara is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Phagwara branch in kapurthala

The MICR code 144750202 is used in RBI cheque clearing process to identify the branch Phagwara 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.