Bank Of Baroda Aurangabad Aurangabad Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Aurangabad Aurangabad Maharashtra

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MICR Code	431012003
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	Aurangabad Branch
Contact	0240-2341931,2334345
Bank Details	Bank Of Baroda Aurangabad Branch BARB0AURANG

Location	Aurangabad, Aurangabad
City	Aurangabad
District	Aurangabad
State	Maharashtra
Pincode	431001
Country	IN
Address	Aurangabad branch,at.& post aurangabad dist. Aurangabad,city,431001

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 431012003 for Aurangabad 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 431012003 of Baroda Bank, Aurangabad Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Aurangabad Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of Bank Of Baroda are available with micr code -

>>Anand Nagar Nanded >>Aurangabad >>Aurangabad Branch >>Bangala Tanda >>Cidco Aurangabad Mh >>Garkheda Branch >>Kranti Chowk Aurangabad >>Lohegaon >>Mukundwadi Aurangabad >>Pimpalwadi >>Sahakar Nagar >>Samrat Ngr Branch >>Sarb Aurangabad >>Shendra Ban

MICR code for Bank Of Baroda Aurangabad 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 Aurangabad 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. 431012003 is the MICR code of BOB for Aurangabad Branch branch. MICR code for Aurangabad 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 Aurangabad Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Aurangabad Branch branch in aurangabad

The MICR code 431012003 is used in RBI cheque clearing process to identify the branch Aurangabad 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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