Bank Of Baroda Hyderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Hyderabad Hyderabad Urban Andhra Pradesh

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch New Osmangunj Br. Hyderabad A.P.
Contact 040 - 23465134
Bank Details Bank Of Baroda New Osmangunj Br. Hyderabad A.P. BARB0EXTCHR
Location Hyderabad, Hyderabad Urban
City Hyderabad
District Hyderabad Urban
State Andhra Pradesh
Pincode 500012
Country IN
Address New osmangunj, hyderabad, andhra pradesh - 500 012
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 0 for New Osmangunj Br. Hyderabad A.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 0 of Baroda Bank, New Osmangunj Br. Hyderabad A.P. branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for New Osmangunj Br. Hyderabad A.P. branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda New Osmangunj Br. Hyderabad A.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 New Osmangunj Br. Hyderabad A.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. 0 is the MICR code of BOB for New Osmangunj Br. Hyderabad A.P. branch. MICR code for New Osmangunj Br. Hyderabad A.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 New Osmangunj Br. Hyderabad A.P. is presented in the table alongside.

Use of Baroda Bank MICR code for New Osmangunj Br. Hyderabad A.P. branch in hyderabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch New Osmangunj Br. Hyderabad A.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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