Bank Of Baroda Islamnagar Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Islamnagar Bhopal Madhya Pradesh

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Islam Nagar Dist. Bhopal M.P.
Contact 0755-2854343
Bank Details Bank Of Baroda Islam Nagar Dist. Bhopal M.P. BARB0ISLBHO
Location Islamnagar, Bhopal
City Islamnagar
District Bhopal
State Madhya Pradesh
Pincode 462038
Country IN
Address Lamba kheda, berasia road, islamnagar, dist. Bhopal, madhya pradesh - 462 038.
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 462012009 for Islam Nagar Dist. Bhopal M.P. 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 462012009 of Baroda Bank, Islam Nagar Dist. Bhopal M.P. branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Islam Nagar Dist. Bhopal M.P. 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 -

>>Islam Nagar Dist. Bhopal M.P.

MICR code for Bank Of Baroda Islam Nagar Dist. Bhopal M.P.

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 Islam Nagar Dist. Bhopal M.P. 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. 462012009 is the MICR code of BOB for Islam Nagar Dist. Bhopal M.P. branch. MICR code for Islam Nagar Dist. Bhopal M.P. 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 Islam Nagar Dist. Bhopal M.P. is presented in the table alongside.

Use of Baroda Bank MICR code for Islam Nagar Dist. Bhopal M.P. branch in islamnagar

The MICR code 462012009 is used in RBI cheque clearing process to identify the branch Islam Nagar Dist. Bhopal M.P. 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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