Let Others Know
×
LinkedIn
Email
WhatsApp

Bank Of Baroda Achalpur(Camp) Amravati Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Achalpur(Camp) Amravati Maharashtra

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Achalpur Amravati
Contact 9422878137-Mr. Soni
Bank Details Bank Of Baroda Achalpur Amravati BARB0ACHALP
Location Achalpur(Camp), Amravati
City Achalpur(Camp)
District Amravati
State Maharashtra
Pincode 444805
Country IN
Address Plot no-01, near bus stop, amravati road, achalpur camp, paratwada,amravati, maharashtra-444805
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 Achalpur Amravati 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 Baroda Bank, Achalpur Amravati branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Achalpur Amravati branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of Baroda are available with micr code -

>>Achalpur Amravati

MICR code for Bank Of Baroda Achalpur Amravati

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 Achalpur Amravati 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 BOB for Achalpur Amravati branch. MICR code for Achalpur Amravati 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 Achalpur Amravati is presented in the table alongside.

Use of Baroda Bank MICR code for Achalpur Amravati branch in achalpur(camp)

The MICR code 0 is used in RBI cheque clearing process to identify the branch Achalpur Amravati 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.