Bank Of Baroda Gobind Garh Fatehgarh Sahib Punjab MICR CODE

Find MICR Codes for Bank Of Baroda Gobind Garh Fatehgarh Sahib Punjab

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ssi Mandi Branch
Contact 01765-259249,500943
Bank Details Bank Of Baroda Ssi Mandi Branch BARB0SSIGOB
Location Gobind Garh, Fatehgarh Sahib
City Gobind Garh
District Fatehgarh Sahib
State Punjab
Pincode 147301
Country IN
Address Ssi mandi branch,motia khan,nr.g.t.road,mandi gobindgarh dist.fateh garh,mandi gobindgarh,147301
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 147012102 for Ssi Mandi 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 147012102 of Baroda Bank, Ssi Mandi Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Ssi Mandi Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of Baroda are available with micr code -

>>Ssi Mandi Branch

MICR code for Bank Of Baroda Ssi Mandi 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 Ssi Mandi 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. 147012102 is the MICR code of BOB for Ssi Mandi Branch branch. MICR code for Ssi Mandi 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 Ssi Mandi Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Ssi Mandi Branch branch in gobind garh

The MICR code 147012102 is used in RBI cheque clearing process to identify the branch Ssi Mandi 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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