Bank Of Baroda Maharajpur Chhattarpur Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Maharajpur Chhattarpur Madhya Pradesh

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Maharajpur Dist. Chhatarpur M.P.
Contact 07685 - 272225
Bank Details Bank Of Baroda Maharajpur Dist. Chhatarpur M.P. BARB0MAHCHH
Location Maharajpur, Chhattarpur
City Maharajpur
District Chhattarpur
State Madhya Pradesh
Pincode 471501
Country IN
Address Ramlila lane, maharajpur, dist.chhatarpur, madhya pradesh - 471 501
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 471012501 for Maharajpur Dist. Chhatarpur 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 471012501 of Baroda Bank, Maharajpur Dist. Chhatarpur M.P. branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Maharajpur Dist. Chhatarpur 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 -

>>Maharajpur Dist. Chhatarpur M.P.

MICR code for Bank Of Baroda Maharajpur Dist. Chhatarpur 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 Maharajpur Dist. Chhatarpur 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. 471012501 is the MICR code of BOB for Maharajpur Dist. Chhatarpur M.P. branch. MICR code for Maharajpur Dist. Chhatarpur 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 Maharajpur Dist. Chhatarpur M.P. is presented in the table alongside.

Use of Baroda Bank MICR code for Maharajpur Dist. Chhatarpur M.P. branch in maharajpur

The MICR code 471012501 is used in RBI cheque clearing process to identify the branch Maharajpur Dist. Chhatarpur 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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