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Bandhan Bank Raisen Gwalior Madhya Pradesh MICR CODE

Find MICR Codes for Bandhan Bank Raisen Gwalior Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	-NA-
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	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.

How does MICR code 0 for Silwani Branch 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, Silwani Branch branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Silwani Branch branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Silwani Branch

MICR code for Bandhan Bank Silwani Branch

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 Silwani Branch 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 Silwani Branch branch. MICR code for Silwani Branch 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 Silwani Branch is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Silwani Branch branch in raisen

The MICR code 0 is used in RBI cheque clearing process to identify the branch Silwani Branch 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.