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Bandhan Bank Mumbai Suburban Mumbai Maharashtra MICR CODE

Find MICR Codes for Bandhan Bank Mumbai Suburban Mumbai Maharashtra

MICR Code
Bank Bandhan Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Versova Branch Mumbai
Contact 33-40456456
Bank Details Bandhan Bank Limited Versova Branch Mumbai BDBL0002533
Location Mumbai Suburban, Mumbai
City Mumbai Suburban
District Mumbai
State Maharashtra
Pincode 400053
Country IN
Address Ground floor, shop no 24, pratap chs ltd, near versova metro station, andheri west, dist - mumbai suburban, state - maharashtra, pin - 400053
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 Versova Branch Mumbai 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, Versova Branch Mumbai branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Versova Branch Mumbai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Bandhan Bank Limited are available with micr code -

>>Dahisar East Branch Mumbai >>Kandivali East Branch Mumbai >>Marve Road Malad West Branch Mumbai >>Matunga East Branch Mumbai >>Versova Branch Mumbai

MICR code for Bandhan Bank Versova Branch Mumbai

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

Use of Bandhan Bank Ltd MICR code for Versova Branch Mumbai branch in mumbai suburban

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