Bandhan Bank Latur Udgir Maharashtra MICR CODE

Find MICR Codes for Bandhan Bank Latur Udgir Maharashtra

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MICR Code
Bank Bandhan Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Udgir Branch
Contact 33-66090909
Bank Details Bandhan Bank Limited Udgir Branch BDBL0002647
Location Latur, Udgir
City Latur
District Udgir
State Maharashtra
Pincode 413517
Country IN
Address Ground floor, plot no5, survey no 290/3, opp fire brigade office, brigade office road, udgir, dist latur, state - maharastra, pi - 413517
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 Udgir Branch 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, Udgir Branch branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Udgir Branch 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 -

>>Udgir Branch

MICR code for Bandhan Bank Udgir Branch

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 Udgir Branch 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 Udgir Branch branch. MICR code for Udgir Branch 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 Udgir Branch is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Udgir Branch branch in latur

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