Bharatiya Mahila Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. BMB MICR code for Sector 14 Panchkula 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. 160733003 is the MICR code of Bharatiya Mahila Bank for Sector 14 Panchkula branch. MICR code for Sector 14 Panchkula 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 BMB Sector 14 Panchkula is presented in the table alongside.
The MICR code 160733003 is used in RBI cheque clearing process to identify the branch Sector 14 Panchkula and BMB 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 Bharatiya Mahila Bank is typically in either of these two font’s: E-138 and CMC-7.