Bank Of Baroda Noida Gautam Buddha Nagar Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Noida Gautam Buddha Nagar Uttar Pradesh

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ssi Noida Branch
Contact 4312445, 2512393
Bank Details Bank Of Baroda Ssi Noida Branch BARB0SSIGAZ
Location Noida, Gautam Buddha Nagar
City Noida
District Gautam Buddha Nagar
State Uttar Pradesh
Pincode 201301
Country IN
Address Ssi noida branch,p-5 ocean plaza,sector 18 noida distt g b nagar,noida,201301
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 110012059 for Ssi Noida 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 110012059 of Baroda Bank, Ssi Noida Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Ssi Noida Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Ssi Noida 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 Noida 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. 110012059 is the MICR code of BOB for Ssi Noida Branch branch. MICR code for Ssi Noida 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 Noida Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Ssi Noida Branch branch in noida

The MICR code 110012059 is used in RBI cheque clearing process to identify the branch Ssi Noida 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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