Bank Of Baroda Vidisha Vidisha Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Vidisha Vidisha Madhya Pradesh

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ganj Basoda Mp
Contact
Bank Details Bank Of Baroda Ganj Basoda Mp BARB0GANJBA
Location Vidisha, Vidisha
City Vidisha
District Vidisha
State Madhya Pradesh
Pincode 464221
Country IN
Address Subhash chowk,near railway station,dist- vidisha,ganj basoda,mp - 464221.
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 464012202 for Ganj Basoda 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 464012202 of Baroda Bank, Ganj Basoda Mp branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Ganj Basoda Mp branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Bank Of Baroda are available with micr code -

>>Ganj Basoda Mp >>Vidisha >>Vidisha >>Vidisha M.P.

MICR code for Bank Of Baroda Ganj Basoda 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 Ganj Basoda 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. 464012202 is the MICR code of BOB for Ganj Basoda Mp branch. MICR code for Ganj Basoda 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 Ganj Basoda Mp is presented in the table alongside.

Use of Baroda Bank MICR code for Ganj Basoda Mp branch in vidisha

The MICR code 464012202 is used in RBI cheque clearing process to identify the branch Ganj Basoda 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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