Bank Of Baroda Nashik Nasik Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Nashik Nasik Maharashtra

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mumbai Naka Parisar Mh
Contact 1800223344
Bank Details Bank Of Baroda Mumbai Naka Parisar Mh BARB0MUMNAS
Location Nashik, Nasik
City Nashik
District Nasik
State Maharashtra
Pincode 422009
Country IN
Address Suyojit commercial complex,shop no 14 &15,near hotel prakash,mumbai naka parisar,nasik dt,maharashtra – 422009.
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 422012013 for Mumbai Naka Parisar 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 422012013 of Baroda Bank, Mumbai Naka Parisar Mh branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Mumbai Naka Parisar Mh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Bank Of Baroda are available with micr code -

>>Ambad Midc Nasik >>Dwarka Circle >>Indiranagar Nasik >>Mumbai Naka Parisar Mh >>Nasik >>Trimurthy Chowk Nashik

MICR code for Bank Of Baroda Mumbai Naka Parisar 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 Mumbai Naka Parisar 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. 422012013 is the MICR code of BOB for Mumbai Naka Parisar Mh branch. MICR code for Mumbai Naka Parisar 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 Mumbai Naka Parisar Mh is presented in the table alongside.

Use of Baroda Bank MICR code for Mumbai Naka Parisar Mh branch in nashik

The MICR code 422012013 is used in RBI cheque clearing process to identify the branch Mumbai Naka Parisar 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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