Bandhan Bank Pune Aurangabad Maharashtra MICR CODE

Find MICR Codes for Bandhan Bank Pune Aurangabad Maharashtra

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MICR Code
Bank Bandhan Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Aurangabad
Contact 66090909
Bank Details Bandhan Bank Limited Aurangabad BDBL0001013
Location Pune, Aurangabad
City Pune
District Aurangabad
State Maharashtra
Pincode 431005
Country IN
Address Plot no.4, yeshwant co operative society, near pawan gas agencies, new osmanpura, aurangabad, maharashtra, pin 431005
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 431750002 for Aurangabad 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 431750002 of Bandhan Bank Ltd, Aurangabad branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Aurangabad 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 -

>>Aurangabad

MICR code for Bandhan Bank Aurangabad

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 Aurangabad 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. 431750002 is the MICR code of Bandhan Bank for Aurangabad branch. MICR code for Aurangabad 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 Aurangabad is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Aurangabad branch in pune

The MICR code 431750002 is used in RBI cheque clearing process to identify the branch Aurangabad 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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