Bandhan Bank Sambalpur Sambalpur Orissa MICR CODE

Find MICR Codes for Bandhan Bank Sambalpur Sambalpur Orissa

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MICR Code	-NA-
Bank	Bandhan Bank Limited
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Budharaja Branch Sambalpur
Contact	33-66090909
Bank Details	Bandhan Bank Limited Budharaja Branch Sambalpur BDBL0002239

Location	Sambalpur, Sambalpur
City	Sambalpur
District	Sambalpur
State	Orissa
Pincode	768004
Country	IN
Address	Hansini tower, ainthapally, sambalpur, near diet road, sambalpur, odisha, pin. 768004

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 Budharaja Branch Sambalpur 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, Budharaja Branch Sambalpur branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Budharaja Branch Sambalpur 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 -

>>Budharaja Branch Sambalpur >>Kuchinda Branch >>Rangali Branch >>Sambalpur

MICR code for Bandhan Bank Budharaja Branch Sambalpur

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 Budharaja Branch Sambalpur 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 Budharaja Branch Sambalpur branch. MICR code for Budharaja Branch Sambalpur 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 Budharaja Branch Sambalpur is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Budharaja Branch Sambalpur branch in sambalpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Budharaja Branch Sambalpur 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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