Bandhan Bank South West Delhi Palam New Delhi MICR CODE

Find MICR Codes for Bandhan Bank South West Delhi Palam New Delhi

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MICR Code	110750038
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	Palam
Contact	33-66090909
Bank Details	Bandhan Bank Limited Palam BDBL0002083

Location	South West Delhi, Palam
City	South West Delhi
District	Palam
State	New Delhi
Pincode	110077
Country	IN
Address	Rz 455a, main road, raj nagar part1, palam colony, dist south west, state new delhi, pin 110077

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 110750038 for Palam 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 110750038 of Bandhan Bank Ltd, Palam branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Palam 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 -

>>Palam

MICR code for Bandhan Bank Palam

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 Palam 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. 110750038 is the MICR code of Bandhan Bank for Palam branch. MICR code for Palam 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 Palam is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Palam branch in south west delhi

The MICR code 110750038 is used in RBI cheque clearing process to identify the branch Palam 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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