Bandhan Bank Seoni Seoni Madhya Pradesh MICR CODE

Find MICR Codes for Bandhan Bank Seoni Seoni Madhya Pradesh

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MICR Code
Bank Bandhan Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Seoni I
Contact 33-40456456
Bank Details Bandhan Bank Limited Seoni I BDBL0002983
Location Seoni, Seoni
City Seoni
District Seoni
State Madhya Pradesh
Pincode 480661
Country IN
Address Hf center, 2nd floor, c/o shri annapurna krishi kendra, near fci corner, chhindwara road, seoni - 480661 madhya pradesh
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 Seoni I 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, Seoni I branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Seoni I 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 -

>>Seoni >>Seoni I

MICR code for Bandhan Bank Seoni I

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 Seoni I 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 Seoni I branch. MICR code for Seoni I 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 Seoni I is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Seoni I branch in seoni

The MICR code 0 is used in RBI cheque clearing process to identify the branch Seoni I 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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