Bank Of Baroda Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Bank Of Baroda Delhi Delhi New Delhi

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MICR Code	110012158
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	National Market Peeragrahi Dl
Contact	1800223344
Bank Details	Bank Of Baroda National Market Peeragrahi Dl BARB0PEERAG

Location	Delhi, Delhi
City	Delhi
District	Delhi
State	New Delhi
Pincode	110087
Country	IN
Address	487/35, national market, peeragrahi, delhi - 110087

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.

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National Market Peeragrahi Dl (110012158)

How does MICR code 110012158 for National Market Peeragrahi Dl 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 110012158 of Baroda Bank, National Market Peeragrahi Dl branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for National Market Peeragrahi Dl branch, makes the characters readable even if there are other marks and stamps on it.

A total of 166 branches of Bank Of Baroda are available with micr code -

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MICR code for Bank Of Baroda National Market Peeragrahi Dl

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 National Market Peeragrahi Dl 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. 110012158 is the MICR code of BOB for National Market Peeragrahi Dl branch. MICR code for National Market Peeragrahi Dl 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 National Market Peeragrahi Dl is presented in the table alongside.

Use of Baroda Bank MICR code for National Market Peeragrahi Dl branch in delhi

The MICR code 110012158 is used in RBI cheque clearing process to identify the branch National Market Peeragrahi Dl 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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