Bank Of Baroda Hoshangabad Hoshangabad Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Hoshangabad Hoshangabad Madhya Pradesh

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pipariya
Contact
Bank Details Bank Of Baroda Pipariya BARB0DBPIPR
Location Hoshangabad, Hoshangabad
City Hoshangabad
District Hoshangabad
State Madhya Pradesh
Pincode 461775
Country IN
Address Gr floorpatwari halkano l7b nol57 divertelandmaharana pratap wardsandiiya rdpipariy pipariya jabalpur madhya pradesh 461775
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 Pipariya 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, Pipariya branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Pipariya branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Bank Of Baroda are available with micr code -

>>Anchal Kheda >>Hoshangabad >>Hoshangabad >>Hoshangabad Branch >>Hoshangabad Road Bhopal >>Itarsi >>Pipariya

MICR code for Bank Of Baroda Pipariya

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 Pipariya 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 Pipariya branch. MICR code for Pipariya 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 Pipariya is presented in the table alongside.

Use of Baroda Bank MICR code for Pipariya branch in hoshangabad

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