Bandhan Bank Bangalore Mandya Karnataka MICR CODE

Find MICR Codes for Bandhan Bank Bangalore Mandya Karnataka

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MICR Code
Bank Bandhan Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mandya
Contact 66090909
Bank Details Bandhan Bank Limited Mandya BDBL0001942
Location Bangalore, Mandya
City Bangalore
District Mandya
State Karnataka
Pincode 571401
Country IN
Address D-5/39/1121/4, 1st floor, laxmi complex, adjacent hdfc bank, ashoknagar, mc road, mandya, karnataka, pin-571401
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 571750002 for Mandya 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 571750002 of Bandhan Bank Ltd, Mandya branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Mandya 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 -

>>Mandya

MICR code for Bandhan Bank Mandya

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 Mandya 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. 571750002 is the MICR code of Bandhan Bank for Mandya branch. MICR code for Mandya 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 Mandya is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Mandya branch in bangalore

The MICR code 571750002 is used in RBI cheque clearing process to identify the branch Mandya 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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