Bank Of Baroda Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for Bank Of Baroda Ludhiana Ludhiana Punjab

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Samrala Road Branch
Contact 0161-2701754,2706808
Bank Details Bank Of Baroda Samrala Road Branch BARB0SAMLUD
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 141008
Country IN
Address Samrala road branch,2/1-2/4,xxiv samrala road,ludhiana,ludhiana,141008
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 141012004 for Samrala Road 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 141012004 of Baroda Bank, Samrala Road Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Samrala Road Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Samrala Road 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 Samrala Road 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. 141012004 is the MICR code of BOB for Samrala Road Branch branch. MICR code for Samrala Road 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 Samrala Road Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Samrala Road Branch branch in ludhiana

The MICR code 141012004 is used in RBI cheque clearing process to identify the branch Samrala Road 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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