Bank Of Baroda Abohar Ferozepur Punjab MICR CODE

Find MICR Codes for Bank Of Baroda Abohar Ferozepur Punjab

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MICR Code	152012302
Bank	Bank Of Baroda
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Abohar Dist Ferozpur
Contact	01634-220979
Bank Details	Bank Of Baroda Abohar Dist Ferozpur BARB0ABOHAR

Location	Abohar, Ferozepur
City	Abohar
District	Ferozepur
State	Punjab
Pincode	152116
Country	IN
Address	St.no.9, abohar dist ferozpur 152116

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 152012302 for Abohar Dist Ferozpur 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 152012302 of Baroda Bank, Abohar Dist Ferozpur branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Abohar Dist Ferozpur 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 -

>>Abohar Dist Ferozpur

MICR code for Bank Of Baroda Abohar Dist Ferozpur

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 Abohar Dist Ferozpur 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. 152012302 is the MICR code of BOB for Abohar Dist Ferozpur branch. MICR code for Abohar Dist Ferozpur 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 Abohar Dist Ferozpur is presented in the table alongside.

Use of Baroda Bank MICR code for Abohar Dist Ferozpur branch in abohar

The MICR code 152012302 is used in RBI cheque clearing process to identify the branch Abohar Dist Ferozpur 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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