Bank Of Baroda Betul Betul Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Betul Betul Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	460012001
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	Betul Mp
Contact	07141- 231456
Bank Details	Bank Of Baroda Betul Mp BARB0BETULX

Location	Betul, Betul
City	Betul
District	Betul
State	Madhya Pradesh
Pincode	460001
Country	IN
Address	Gokul trade centre, station road, betul ganj, betul, madhya pradesh - 460 001

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 460012001 for Betul Mp 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 460012001 of Baroda Bank, Betul Mp branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Betul Mp branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Bank Of Baroda are available with micr code -

>>Betul >>Betul >>Betul Mp

MICR code for Bank Of Baroda Betul Mp

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 Betul Mp 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. 460012001 is the MICR code of BOB for Betul Mp branch. MICR code for Betul Mp 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 Betul Mp is presented in the table alongside.

Use of Baroda Bank MICR code for Betul Mp branch in betul

The MICR code 460012001 is used in RBI cheque clearing process to identify the branch Betul Mp 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.

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