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Bandhan Bank Raisen Gwalior Madhya Pradesh MICR CODE

Find MICR Codes for Bandhan Bank Raisen Gwalior Madhya Pradesh

Bank Bandhan Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Silwani Branch
Contact 33-66090909
Bank Details Bandhan Bank Limited Silwani Branch BDBL0002620
Location Raisen, Gwalior
City Raisen
District Gwalior
State Madhya Pradesh
Pincode 464886
Country IN
Address Ground floor, ward no, 10, bhopal road,old bus stand ph no-18-32,tehsil,silwani, dist-raisen,state-madhya pradesh,pin-464886
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.

Search Bandhan Bank MICR Codes in gwalior

You can search through MICR Codes of Madhya Pradesh branches in raisen of District gwalior in Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Bandhan Bank Limited are available with micr code -

>>Silwani Branch

How to find MICR codes for Bandhan Bank in raisen?

Bandhan Bank raisen MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Bandhan Bank Ltd MICR codes list for raisen, one can further search by branch name specified in the table. You can find MICR codes for all Bandhan Bank raisen branches.

Bandhan Bank Ltd MICR code in raisen

Bandhan Bank MICR code is a character recognition technology used by banks in the processing of cheques. Bandhan Bank Ltd MICR code for raisen branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Bandhan Bank branches in raisen, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Bandhan Bank MICR code for raisen branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bandhan Bank raisen branch, sprinted 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. Thus MICR code for Bandhan Bank Ltd raisen branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Bandhan Bank MICR codes for raisen branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!