Bank Of Baroda Patna Patna Bihar MICR CODE

Find MICR Codes for Bank Of Baroda Patna Patna Bihar

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Exhibition Road Patna Bihar
Contact 0612-2557038
Bank Details Bank Of Baroda Exhibition Road Patna Bihar BARB0EXHPAT
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800001
Country IN
Address Opposite of corporation bank,exhibition patna,bihar - 800001.
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 415012509 for Exhibition Road Patna Bihar 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 415012509 of Baroda Bank, Exhibition Road Patna Bihar branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Exhibition Road Patna Bihar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Exhibition Road Patna Bihar

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 Exhibition Road Patna Bihar 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. 415012509 is the MICR code of BOB for Exhibition Road Patna Bihar branch. MICR code for Exhibition Road Patna Bihar 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 Exhibition Road Patna Bihar is presented in the table alongside.

Use of Baroda Bank MICR code for Exhibition Road Patna Bihar branch in patna

The MICR code 415012509 is used in RBI cheque clearing process to identify the branch Exhibition Road Patna Bihar 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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