Bank Of Baroda Hoshangabad Hoshangabad Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Hoshangabad Hoshangabad Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	462012012
Bank	Bank Of Baroda
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hoshangabad Road Bhopal
Contact	755-4008850/51/52/53
Bank Details	Bank Of Baroda Hoshangabad Road Bhopal BARB0HOSHRD

Location	Hoshangabad, Hoshangabad
City	Hoshangabad
District	Hoshangabad
State	Madhya Pradesh
Pincode	462024
Country	IN
Address	Bank of baroda, b – 136, vidhya nagar, hoshangabad, bhopal, madhya pradesh – 462 024

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 462012012 for Hoshangabad Road Bhopal 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 462012012 of Baroda Bank, Hoshangabad Road Bhopal branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Hoshangabad Road Bhopal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Bank Of Baroda are available with micr code -

>>Anchal Kheda >>Hoshangabad >>Hoshangabad >>Hoshangabad Branch >>Hoshangabad Road Bhopal >>Itarsi >>Pipariya

MICR code for Bank Of Baroda Hoshangabad Road Bhopal

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 Hoshangabad Road Bhopal 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. 462012012 is the MICR code of BOB for Hoshangabad Road Bhopal branch. MICR code for Hoshangabad Road Bhopal 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 Hoshangabad Road Bhopal is presented in the table alongside.

Use of Baroda Bank MICR code for Hoshangabad Road Bhopal branch in hoshangabad

The MICR code 462012012 is used in RBI cheque clearing process to identify the branch Hoshangabad Road Bhopal 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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