Bank Of Baroda Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Mumbai Greater Bombay Maharashtra

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kanjurmarg Mh
Contact 080-22225894
Bank Details Bank Of Baroda Kanjurmarg Mh BARB0KANJUR
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400078
Country IN
Address Wing no 2,unit no 2- a,hanuman silk mills compound,opp. Huma adlabs,lbs marg,kanjurmarg(w),dist mumbai,maharashtra – 400078
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 400012174 for Kanjurmarg Mh 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 400012174 of Baroda Bank, Kanjurmarg Mh branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Kanjurmarg Mh branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Kanjurmarg Mh

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 Kanjurmarg Mh 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. 400012174 is the MICR code of BOB for Kanjurmarg Mh branch. MICR code for Kanjurmarg Mh 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 Kanjurmarg Mh is presented in the table alongside.

Use of Baroda Bank MICR code for Kanjurmarg Mh branch in mumbai

The MICR code 400012174 is used in RBI cheque clearing process to identify the branch Kanjurmarg Mh 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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