Bank Of Baroda Bagli Dewas Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Bagli Dewas Madhya Pradesh

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MICR Code	455012504
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	Bagli Madhya Pradesh
Contact	0755-4049001
Bank Details	Bank Of Baroda Bagli Madhya Pradesh BARB0BAGLIX

Location	Bagli, Dewas
City	Bagli
District	Dewas
State	Madhya Pradesh
Pincode	455227
Country	IN
Address	H.no.130,ward no 3,m.g. Road,bagli,madhya pradesh – 455227.

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 455012504 for Bagli Madhya Pradesh 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 455012504 of Baroda Bank, Bagli Madhya Pradesh branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Bagli Madhya Pradesh 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 -

>>Bagli Madhya Pradesh

MICR code for Bank Of Baroda Bagli Madhya Pradesh

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 Bagli Madhya Pradesh 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. 455012504 is the MICR code of BOB for Bagli Madhya Pradesh branch. MICR code for Bagli Madhya Pradesh 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 Bagli Madhya Pradesh is presented in the table alongside.

Use of Baroda Bank MICR code for Bagli Madhya Pradesh branch in bagli

The MICR code 455012504 is used in RBI cheque clearing process to identify the branch Bagli Madhya Pradesh 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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