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Bank Of Baroda Chandigarh Chandigarh Chandigarh MICR CODE

Find MICR Codes for Bank Of Baroda Chandigarh Chandigarh Chandigarh

Bank
State
District
City
Branch
Address

MICR Code	160012002
Bank	Bank Of Baroda
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	22 B Chandigarh
Contact	0172-2702505
Bank Details	Bank Of Baroda 22 B Chandigarh BARB0SECTOC

Location	Chandigarh, Chandigarh
City	Chandigarh
District	Chandigarh
State	Chandigarh
Pincode	160022
Country	IN
Address	22-b,chandig branch,sco1120-21,sector 22-b, chandigarh,chandigarh,160022

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 160012002 for 22 B Chandigarh 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 160012002 of Baroda Bank, 22 B Chandigarh branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for 22 B Chandigarh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of Bank Of Baroda are available with micr code -

>>22 B Chandigarh >>Agricultural Hi Tech Br. Chandigarh >>Armb Chandigarh >>Chandigarh Main Evb >>Dhs Extension Counter Chandigarh >>Grain Market >>Phase Ii Industrial Area >>Raipur Khurd Chandigarh >>Sector 40D Chandigarh >>Sector B Branch >>Sector Chandigarh >>Sector D >>Sector Thirty Four Chandigarh >>Zonal Internal Audit Division Chandigarh

MICR code for Bank Of Baroda 22 B Chandigarh

Bank Of Baroda MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Baroda Bank MICR code for 22 B Chandigarh 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. 160012002 is the MICR code of BOB for 22 B Chandigarh branch. MICR code for 22 B Chandigarh 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 Baroda Bank 22 B Chandigarh is presented in the table alongside.

Use of Baroda Bank MICR code for 22 B Chandigarh branch in chandigarh

The MICR code 160012002 is used in RBI cheque clearing process to identify the branch 22 B Chandigarh and Baroda Bank 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 BOB is typically in either of these two font’s: E-138 and CMC-7.