Bandhan Bank Bhubaneswar Balasore Orissa MICR CODE

Find MICR Codes for Bandhan Bank Bhubaneswar Balasore Orissa

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MICR Code	756750502
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	Saraswatipur
Contact	7787995004
Bank Details	Bandhan Bank Limited Saraswatipur BDBL0001198

Location	Bhubaneswar, Balasore
City	Bhubaneswar
District	Balasore
State	Orissa
Pincode	756036
Country	IN
Address	First floor, vill saraswatipur, near deulahat, p.o -dehurda, g.p.-deula, dist.-balasore, odisha, pin-756036

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 756750502 for Saraswatipur 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 756750502 of Bandhan Bank Ltd, Saraswatipur branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Saraswatipur 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 -

>>Balasore >>Jaleswar >>Saraswatipur >>Soro

MICR code for Bandhan Bank Saraswatipur

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 Saraswatipur 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. 756750502 is the MICR code of Bandhan Bank for Saraswatipur branch. MICR code for Saraswatipur 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 Saraswatipur is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Saraswatipur branch in bhubaneswar

The MICR code 756750502 is used in RBI cheque clearing process to identify the branch Saraswatipur 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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