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Bank Of Baroda Ambala Ambala Haryana MICR CODE

Find MICR Codes for Bank Of Baroda Ambala Ambala Haryana

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch D.A.V.School Ambala
Contact 0171-2600856
Bank Details Bank Of Baroda D.A.V.School Ambala BARB0DAVSCH
Location Ambala, Ambala
City Ambala
District Ambala
State Haryana
Pincode 133001
Country IN
Address D.a.v.sr.school,jagadhri road, ambala cantt. 133001
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 131012001 for D.A.V.School Ambala 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 131012001 of Baroda Bank, D.A.V.School Ambala branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for D.A.V.School Ambala branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda D.A.V.School Ambala

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 D.A.V.School Ambala 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. 131012001 is the MICR code of BOB for D.A.V.School Ambala branch. MICR code for D.A.V.School Ambala 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 D.A.V.School Ambala is presented in the table alongside.

Use of Baroda Bank MICR code for D.A.V.School Ambala branch in ambala

The MICR code 131012001 is used in RBI cheque clearing process to identify the branch D.A.V.School Ambala 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.