Bandhan Bank Bhopal Raipur Chhattisgarh MICR CODE

Find MICR Codes for Bandhan Bank Bhopal Raipur Chhattisgarh

Bank
State
District
City
Branch
Address

MICR Code	492750002
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	Raipur
Contact	8878026026
Bank Details	Bandhan Bank Limited Raipur BDBL0001549

Location	Bhopal, Raipur
City	Bhopal
District	Raipur
State	Chhattisgarh
Pincode	492001
Country	IN
Address	Upper ground floor,krishna complex,jail road,raipur,chhattisgarh,pin - 492001

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 492750002 for Raipur 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 492750002 of Bandhan Bank Ltd, Raipur branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Raipur 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 -

>>Durg >>Raipur

MICR code for Bandhan Bank Raipur

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 Raipur 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. 492750002 is the MICR code of Bandhan Bank for Raipur branch. MICR code for Raipur 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 Raipur is presented in the table alongside.

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

The MICR code 492750002 is used in RBI cheque clearing process to identify the branch Raipur 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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