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Bandhan Bank Hyderabad Hyderabad Telangana MICR CODE

Find MICR Codes for Bandhan Bank Hyderabad Hyderabad Telangana

MICR Code
Bank Bandhan Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch S R Nagar
Contact 66090909
Bank Details Bandhan Bank Limited S R Nagar BDBL0001635
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Telangana
Pincode 500038
Country IN
Address 26 a mig,municipal no.7 1 397 5 a,sanjeeva reddy nagar colony,hyderabad,telengana,pin 500038
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 500750004 for S R Nagar 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 500750004 of Bandhan Bank Ltd, S R Nagar branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for S R Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Bandhan Bank Limited are available with micr code -

>>Chanda Nagar >>Himayat Nagar Branch >>Jubilee Hills Branch Hyderabad >>Kavuri Hills Branch Hyderabad >>Madhapur >>S R Nagar

MICR code for Bandhan Bank S R Nagar

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 S R Nagar 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. 500750004 is the MICR code of Bandhan Bank for S R Nagar branch. MICR code for S R Nagar 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 S R Nagar is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for S R Nagar branch in hyderabad

The MICR code 500750004 is used in RBI cheque clearing process to identify the branch S R Nagar 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.