Bandhan Bank Patna East Champaran Bihar MICR CODE

Find MICR Codes for Bandhan Bank Patna East Champaran Bihar

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MICR Code
Bank Bandhan Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Areraj
Contact 66090909
Bank Details Bandhan Bank Limited Areraj BDBL0001429
Location Patna, East Champaran
City Patna
District East Champaran
State Bihar
Pincode 845411
Country IN
Address Areraj chawk,main chawk,p.o.areraj,east champaran,pin-845411,bihar
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 845750501 for Areraj 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 845750501 of Bandhan Bank Ltd, Areraj branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Areraj branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Bandhan Bank Limited are available with micr code -

>>Areraj >>Chakia >>Motihari >>Raxaul

MICR code for Bandhan Bank Areraj

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 Areraj 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. 845750501 is the MICR code of Bandhan Bank for Areraj branch. MICR code for Areraj 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 Areraj is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Areraj branch in patna

The MICR code 845750501 is used in RBI cheque clearing process to identify the branch Areraj 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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