Bandhan Bank Ashok Nagar Ashoknagar Madhya Pradesh MICR CODE

Find MICR Codes for Bandhan Bank Ashok Nagar Ashoknagar 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 Ashok Nagar Branch
Contact 33-66090909
Bank Details Bandhan Bank Limited Ashok Nagar Branch BDBL0002579
Location Ashok Nagar, Ashoknagar
City Ashok Nagar
District Ashoknagar
State Madhya Pradesh
Pincode 473331
Country IN
Address Ground floor, house no 208, mill road, ward road no 19, pnb square, ashoknagar, dist - ashok nagar, state - madhya pradesh, pin 473331
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 Ashok Nagar 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, Ashok Nagar Branch branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Ashok Nagar 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 -

>>Ashok Nagar Branch

MICR code for Bandhan Bank Ashok Nagar 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 Ashok Nagar 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 Ashok Nagar Branch branch. MICR code for Ashok Nagar 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 Ashok Nagar Branch is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Ashok Nagar Branch branch in ashok nagar

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

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