Bandhan Bank Ranchi Ranchi Jharkhand MICR CODE

Find MICR Codes for Bandhan Bank Ranchi Ranchi Jharkhand

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MICR Code
Bank Bandhan Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ratu Road Branch Ranchi
Contact 33-66090909
Bank Details Bandhan Bank Limited Ratu Road Branch Ranchi BDBL0002604
Location Ranchi, Ranchi
City Ranchi
District Ranchi
State Jharkhand
Pincode 834001
Country IN
Address Ground floor, radhe shyam tower, plot no 244 and 245, ratu road ranchi, dist - ranchi, state - jharkhand, pin - 834001
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 Ratu Road Branch Ranchi 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, Ratu Road Branch Ranchi branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Ratu Road Branch Ranchi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bandhan Bank Limited are available with micr code -

>>Main Road >>Ratu Road Branch Ranchi

MICR code for Bandhan Bank Ratu Road Branch Ranchi

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 Ratu Road Branch Ranchi 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 Ratu Road Branch Ranchi branch. MICR code for Ratu Road Branch Ranchi 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 Ratu Road Branch Ranchi is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Ratu Road Branch Ranchi branch in ranchi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ratu Road Branch Ranchi 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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