Bank Of Baroda Moradabad Moradabad Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Moradabad Moradabad Uttar Pradesh

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Budh Vihar Br. Moradabad U.P.
Contact 0591-2489369
Bank Details Bank Of Baroda Budh Vihar Br. Moradabad U.P. BARB0MORBUD
Location Moradabad, Moradabad
City Moradabad
District Moradabad
State Uttar Pradesh
Pincode 244001
Country IN
Address B/305, budh vihar delhi road, nr majhola police chowki, moradabad, u.p.- 244 001.
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 244012007 for Budh Vihar Br. Moradabad U.P. 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 244012007 of Baroda Bank, Budh Vihar Br. Moradabad U.P. branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Budh Vihar Br. Moradabad U.P. branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Budh Vihar Br. Moradabad U.P.

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 Budh Vihar Br. Moradabad U.P. 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. 244012007 is the MICR code of BOB for Budh Vihar Br. Moradabad U.P. branch. MICR code for Budh Vihar Br. Moradabad U.P. 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 Budh Vihar Br. Moradabad U.P. is presented in the table alongside.

Use of Baroda Bank MICR code for Budh Vihar Br. Moradabad U.P. branch in moradabad

The MICR code 244012007 is used in RBI cheque clearing process to identify the branch Budh Vihar Br. Moradabad U.P. 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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