MICR Code Bank
Find MICR code for Bharatiya Mahila Bank branches in India for NEFT and RTGS transfer

Bharatiya Mahila Bank MICR CODE

Find MICR Codes for Bharatiya Mahila Bank

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  1. Bharatiya Mahila Bank Ltd. »
  2. Chandigarh »
  3. chandigarh »
  4. chandigarh »
  5. chandigarh madhya marg branch

Find MICR Codes for Bharatiya Mahila Bank

MICR Code: 160733002
Bank: Bharatiya Mahila Bank Ltd.
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Chandigarh Madhya Marg Branch
Contact: 0
Bank Details: Bharatiya Mahila Bank Ltd. Chandigarh Madhya Marg Branch BMBL0000018
Location: Chandigarh, Chandigarh
City: Chandigarh
District: Chandigarh
State: Chandigarh
Pincode: 160019
Country: IN
Address: Sco 3,ground floor,sector 26,chandigarh 160019

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

A total of 1 branches of Bharatiya Mahila Bank Ltd. are available with micr code

>>Chandigarh Madhya Marg Branch

MICR code for Bharatiya Mahila Bank

Bharatiya Mahila Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. BMB MICR code for 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. is the MICR code of Bharatiya Mahila Bank for branch. MICR code for 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 BMB is presented in the table alongside.

Use of BMB MICR code for branch in chandigarh

The MICR code is used in RBI cheque clearing process to identify the branch and BMB 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 Bharatiya Mahila Bank is typically in either of these two font’s: E-138 and CMC-7.