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Bandhan Bank Chandigarh Chandigarh Punjab MICR CODE

Find MICR Codes for Bandhan Bank Chandigarh Chandigarh Punjab

MICR Code
Bank Bandhan Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sector Twenty Seven Branch Chandigarh
Contact 33-66090909
Bank Details Bandhan Bank Limited Sector Twenty Seven Branch Chandigarh BDBL0002319
Location Chandigarh, Chandigarh
City Chandigarh
District Chandigarh
State Punjab
Pincode 160019
Country IN
Address Sco 12, sector 27, ps-sec26, 160019, chandigarh
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 0 for Sector Twenty Seven Branch Chandigarh 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 0 of Bandhan Bank Ltd, Sector Twenty Seven Branch Chandigarh branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Sector Twenty Seven Branch Chandigarh 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 -

>>Chandigarh >>Sector Twenty Seven Branch Chandigarh

MICR code for Bandhan Bank Sector Twenty Seven Branch Chandigarh

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 Sector Twenty Seven Branch Chandigarh 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. 0 is the MICR code of Bandhan Bank for Sector Twenty Seven Branch Chandigarh branch. MICR code for Sector Twenty Seven Branch Chandigarh 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 Sector Twenty Seven Branch Chandigarh is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Sector Twenty Seven Branch Chandigarh branch in chandigarh

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sector Twenty Seven Branch Chandigarh 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.