Bank Of Baroda Khandwa Sehore Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Khandwa Sehore Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	450012001
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	Khandwa Branch
Contact	0733-2222253
Bank Details	Bank Of Baroda Khandwa Branch BARB0KHANDW

Location	Khandwa, Sehore
City	Khandwa
District	Sehore
State	Madhya Pradesh
Pincode	450001
Country	IN
Address	Khandwa branch,town hall,khandwa,450001

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 450012001 for Khandwa 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 450012001 of Baroda Bank, Khandwa Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Khandwa Branch 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 -

>>Khandwa Branch

MICR code for Bank Of Baroda Khandwa 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 Khandwa 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. 450012001 is the MICR code of BOB for Khandwa Branch branch. MICR code for Khandwa 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 Khandwa Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Khandwa Branch branch in khandwa

The MICR code 450012001 is used in RBI cheque clearing process to identify the branch Khandwa 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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