Bank Of Baroda Aligarh Aligarh Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Aligarh Aligarh Uttar Pradesh

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Malkhannagar Branch
Contact 0571-2401725,2402695
Bank Details Bank Of Baroda Malkhannagar Branch BARB0MALKHA
Location Aligarh, Aligarh
City Aligarh
District Aligarh
State Uttar Pradesh
Pincode 202001
Country IN
Address Malkhannagar branch,near women college,diggi road,aligarh,202001
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 202012005 for Malkhannagar 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 202012005 of Baroda Bank, Malkhannagar Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Malkhannagar Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Malkhannagar 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 Malkhannagar 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. 202012005 is the MICR code of BOB for Malkhannagar Branch branch. MICR code for Malkhannagar 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 Malkhannagar Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Malkhannagar Branch branch in aligarh

The MICR code 202012005 is used in RBI cheque clearing process to identify the branch Malkhannagar 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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