Bank Of Baroda Gaddiannaram Ranga Reddy Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Gaddiannaram Ranga Reddy Andhra Pradesh

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Fruit Mkt Br.Kothapet
Contact 040-23465127
Bank Details Bank Of Baroda Fruit Mkt Br.Kothapet BARB0GADDIA
Location Gaddiannaram, Ranga Reddy
City Gaddiannaram
District Ranga Reddy
State Andhra Pradesh
Pincode 500060
Country IN
Address Fruit mkt br.kothapet, guddainnaram, rangaredd-500060
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 500012014 for Fruit Mkt Br.Kothapet 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 500012014 of Baroda Bank, Fruit Mkt Br.Kothapet branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Fruit Mkt Br.Kothapet 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 -

>>Fruit Mkt Br.Kothapet

MICR code for Bank Of Baroda Fruit Mkt Br.Kothapet

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 Fruit Mkt Br.Kothapet 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. 500012014 is the MICR code of BOB for Fruit Mkt Br.Kothapet branch. MICR code for Fruit Mkt Br.Kothapet 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 Fruit Mkt Br.Kothapet is presented in the table alongside.

Use of Baroda Bank MICR code for Fruit Mkt Br.Kothapet branch in gaddiannaram

The MICR code 500012014 is used in RBI cheque clearing process to identify the branch Fruit Mkt Br.Kothapet 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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