Bank Of Baroda Kanpur Kanpur Nagar Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Kanpur Kanpur Nagar Uttar Pradesh

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panki Site 2 Kanpur
Contact 0512-2391561
Bank Details Bank Of Baroda Panki Site 2 Kanpur BARB0PANKAN
Location Kanpur, Kanpur Nagar
City Kanpur
District Kanpur Nagar
State Uttar Pradesh
Pincode 208022
Country IN
Address Panki citi 2 lml premises,kanpur uttar pradesh 208022
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 208012020 for Panki Site 2 Kanpur 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 208012020 of Baroda Bank, Panki Site 2 Kanpur branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Panki Site 2 Kanpur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Panki Site 2 Kanpur

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 Panki Site 2 Kanpur 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. 208012020 is the MICR code of BOB for Panki Site 2 Kanpur branch. MICR code for Panki Site 2 Kanpur 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 Panki Site 2 Kanpur is presented in the table alongside.

Use of Baroda Bank MICR code for Panki Site 2 Kanpur branch in kanpur

The MICR code 208012020 is used in RBI cheque clearing process to identify the branch Panki Site 2 Kanpur 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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