Bank Of Baroda Allahabad Allahabad Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Allahabad Allahabad Uttar Pradesh

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Phaphamau Allahabad
Contact 9554951883, 0532-
Bank Details Bank Of Baroda Phaphamau Allahabad BARB0PHAPHA
Location Allahabad, Allahabad
City Allahabad
District Allahabad
State Uttar Pradesh
Pincode 211013
Country IN
Address 56/15 a/2, sri ganga complex, phaphamau, allahabad,up-211013
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 Phaphamau Allahabad 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, Phaphamau Allahabad branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Phaphamau Allahabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Phaphamau Allahabad

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 Phaphamau Allahabad 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 Phaphamau Allahabad branch. MICR code for Phaphamau Allahabad 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 Phaphamau Allahabad is presented in the table alongside.

Use of Baroda Bank MICR code for Phaphamau Allahabad branch in allahabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Phaphamau Allahabad 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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