Bank Of Baroda Budaun Budaun Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Budaun Budaun Uttar Pradesh

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Halwai Chowk Badaun
Contact 05832-224443-223299
Bank Details Bank Of Baroda Halwai Chowk Badaun BARB0BLYBUD
Location Budaun, Budaun
City Budaun
District Budaun
State Uttar Pradesh
Pincode 243601
Country IN
Address Halwai chowk badaun 243601
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 243012554 for Halwai Chowk Badaun 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 243012554 of Baroda Bank, Halwai Chowk Badaun branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Halwai Chowk Badaun 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 -

>>Budaun >>Byaur Badaun Up >>Halwai Chowk Badaun >>Rais Market Badaun

MICR code for Bank Of Baroda Halwai Chowk Badaun

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 Halwai Chowk Badaun 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. 243012554 is the MICR code of BOB for Halwai Chowk Badaun branch. MICR code for Halwai Chowk Badaun 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 Halwai Chowk Badaun is presented in the table alongside.

Use of Baroda Bank MICR code for Halwai Chowk Badaun branch in budaun

The MICR code 243012554 is used in RBI cheque clearing process to identify the branch Halwai Chowk Badaun 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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