Bank Of Baroda Kapurthala Kapurthala Punjab MICR CODE

Find MICR Codes for Bank Of Baroda Kapurthala Kapurthala Punjab

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kapurthala Branch
Contact 01822-237701
Bank Details Bank Of Baroda Kapurthala Branch BARB0KAPURX
Location Kapurthala, Kapurthala
City Kapurthala
District Kapurthala
State Punjab
Pincode 144601
Country IN
Address Kapurthala branch, sultanpur road, kapurthala, kapurthala, 144601
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 144012102 for Kapurthala 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 144012102 of Baroda Bank, Kapurthala Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Kapurthala Branch 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 -

>>Kapurthala >>Kapurthala >>Kapurthala Branch >>Phagwara

MICR code for Bank Of Baroda Kapurthala 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 Kapurthala 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. 144012102 is the MICR code of BOB for Kapurthala Branch branch. MICR code for Kapurthala 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 Kapurthala Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Kapurthala Branch branch in kapurthala

The MICR code 144012102 is used in RBI cheque clearing process to identify the branch Kapurthala 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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