Bank Of Baroda Sangamner Ahmadnagar Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Sangamner Ahmadnagar Maharashtra

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MICR Code	422012509
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	Akole Ahmednagar Mh
Contact	0240-2477565
Bank Details	Bank Of Baroda Akole Ahmednagar Mh BARB0AKOLEX

Location	Sangamner, Ahmadnagar
City	Sangamner
District	Ahmadnagar
State	Maharashtra
Pincode	422601
Country	IN
Address	Kalhar ghoti road, near agasti saw mill, tal – sangamner, ahmednagar, maharastra – 422601.

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 422012509 for Akole Ahmednagar Mh 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 422012509 of Baroda Bank, Akole Ahmednagar Mh branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Akole Ahmednagar Mh 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 -

>>Akole Ahmednagar Mh >>Sangamner Branch

MICR code for Bank Of Baroda Akole Ahmednagar Mh

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 Akole Ahmednagar Mh 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. 422012509 is the MICR code of BOB for Akole Ahmednagar Mh branch. MICR code for Akole Ahmednagar Mh 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 Akole Ahmednagar Mh is presented in the table alongside.

Use of Baroda Bank MICR code for Akole Ahmednagar Mh branch in sangamner

The MICR code 422012509 is used in RBI cheque clearing process to identify the branch Akole Ahmednagar Mh 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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