Bank Of Baroda Ahmadnagar Ahmadnagar Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Ahmadnagar Ahmadnagar Maharashtra

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch I.E.Ahmednag Branch
Contact 0241-2777830
Bank Details Bank Of Baroda I.E.Ahmednag Branch BARB0INDAHM
Location Ahmadnagar, Ahmadnagar
City Ahmadnagar
District Ahmadnagar
State Maharashtra
Pincode 414111
Country IN
Address I.e.ahmednag branch,p-71, opp. L & t, m.i.d.c., ahmednagar,ahmednagar,414111
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 414012002 for I.E.Ahmednag Branch 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 414012002 of Baroda Bank, I.E.Ahmednag Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for I.E.Ahmednag Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Bank Of Baroda are available with micr code -

>>Ahmednagar >>Ahmednagar >>Ahmednagar Branch >>Ambhore >>Deolali Pravara >>Guha >>I.E.Ahmednag Branch >>Koregaon >>Sangamner >>Shirdi >>Wadgaon Pan >>Zapwadi

MICR code for Bank Of Baroda I.E.Ahmednag Branch

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 I.E.Ahmednag Branch 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. 414012002 is the MICR code of BOB for I.E.Ahmednag Branch branch. MICR code for I.E.Ahmednag Branch 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 I.E.Ahmednag Branch is presented in the table alongside.

Use of Baroda Bank MICR code for I.E.Ahmednag Branch branch in ahmadnagar

The MICR code 414012002 is used in RBI cheque clearing process to identify the branch I.E.Ahmednag Branch 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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