Bandhan Bank Panna Panna Madhya Pradesh MICR CODE

Find MICR Codes for Bandhan Bank Panna Panna 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 Panna Branch
Contact 33-66090909
Bank Details Bandhan Bank Limited Panna Branch BDBL0002336
Location Panna, Panna
City Panna
District Panna
State Madhya Pradesh
Pincode 488001
Country IN
Address Ground floor,parul palace,benisagar mohalla,near sbi,panna,dist - panna,madhya pradesh - 488001
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.

Search Bandhan Bank MICR Codes in panna

You can search through MICR Codes of Madhya Pradesh branches in panna of District panna in Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Bandhan Bank Limited are available with micr code -

>>Panna Branch

How to find MICR codes for Bandhan Bank in panna?

Bandhan Bank panna MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Bandhan Bank Ltd MICR codes list for panna, one can further search by branch name specified in the table. You can find MICR codes for all Bandhan Bank panna branches.

Bandhan Bank Ltd MICR code in panna

Bandhan Bank MICR code is a character recognition technology used by banks in the processing of cheques. Bandhan Bank Ltd MICR code for panna branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Bandhan Bank branches in panna, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Bandhan Bank MICR code for panna branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bandhan Bank panna branch, sprinted 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. Thus MICR code for Bandhan Bank Ltd panna branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Bandhan Bank MICR codes for panna branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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