Bank Of Baroda Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Mumbai Mumbai Maharashtra

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MICR Code	400012005
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	Ballard Estate Bombay
Contact	22620145, 22630894
Bank Details	Bank Of Baroda Ballard Estate Bombay BARB0BALBOM

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	400001
Country	IN
Address	Adi marzban road,ballard estate, mumbai

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 400012005 for Ballard Estate Bombay 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 400012005 of Baroda Bank, Ballard Estate Bombay branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Ballard Estate Bombay branch, makes the characters readable even if there are other marks and stamps on it.

A total of 176 branches of Bank Of Baroda are available with micr code -

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MICR code for Bank Of Baroda Ballard Estate Bombay

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 Ballard Estate Bombay 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. 400012005 is the MICR code of BOB for Ballard Estate Bombay branch. MICR code for Ballard Estate Bombay 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 Ballard Estate Bombay is presented in the table alongside.

Use of Baroda Bank MICR code for Ballard Estate Bombay branch in mumbai

The MICR code 400012005 is used in RBI cheque clearing process to identify the branch Ballard Estate Bombay 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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