Bank Of Baroda Medchalmalkajgiri Medchalmalkajgiri Telangana MICR CODE

Find MICR Codes for Bank Of Baroda Medchalmalkajgiri Medchalmalkajgiri Telangana

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch A S Rao Nagar
Contact
Bank Details Bank Of Baroda A S Rao Nagar BARB0DBASRA
Location Medchalmalkajgiri, Medchalmalkajgiri
City Medchalmalkajgiri
District Medchalmalkajgiri
State Telangana
Pincode 500062
Country IN
Address A s rao nagar ground floorsrinivasa estate near radhika theatre hyderabad hyderabad telangana 500062
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 A S Rao Nagar 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, A S Rao Nagar branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for A S Rao Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of Baroda are available with micr code -

>>A S Rao Nagar >>Kukatpalli Hyderabad

MICR code for Bank Of Baroda A S Rao Nagar

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 A S Rao Nagar 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 A S Rao Nagar branch. MICR code for A S Rao Nagar 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 A S Rao Nagar is presented in the table alongside.

Use of Baroda Bank MICR code for A S Rao Nagar branch in medchalmalkajgiri

The MICR code 0 is used in RBI cheque clearing process to identify the branch A S Rao Nagar 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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