Bank Of Baroda Ghaziabad Ghaziabad Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Ghaziabad Ghaziabad Uttar Pradesh

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajnagar Branch
Contact 0120-2828162
Bank Details Bank Of Baroda Rajnagar Branch BARB0RAJNAG
Location Ghaziabad, Ghaziabad
City Ghaziabad
District Ghaziabad
State Uttar Pradesh
Pincode 201002
Country IN
Address Rajnagar branch,r-2/240 rajnagar ghaziabad,ghaziabad,201002
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 110012076 for Rajnagar Branch 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 110012076 of Baroda Bank, Rajnagar Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Rajnagar Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Rajnagar Branch

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 Rajnagar Branch 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. 110012076 is the MICR code of BOB for Rajnagar Branch branch. MICR code for Rajnagar Branch 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 Rajnagar Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Rajnagar Branch branch in ghaziabad

The MICR code 110012076 is used in RBI cheque clearing process to identify the branch Rajnagar Branch 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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