Bank Of Baroda Ausa Latur Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Ausa Latur Maharashtra

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Barshi Road Latur Mh
Contact 1800223344
Bank Details Bank Of Baroda Barshi Road Latur Mh BARB0LATAUR
Location Ausa, Latur
City Ausa
District Latur
State Maharashtra
Pincode 413512
Country IN
Address Rj complex,sy no 24113,engineering colony stop,ausa road,latur,maharashtra - 413512.
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 413012053 for Barshi Road Latur 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 413012053 of Baroda Bank, Barshi Road Latur Mh branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Barshi Road Latur Mh 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 -

>>Barshi Road Latur Mh

MICR code for Bank Of Baroda Barshi Road Latur 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 Barshi Road Latur 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. 413012053 is the MICR code of BOB for Barshi Road Latur Mh branch. MICR code for Barshi Road Latur 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 Barshi Road Latur Mh is presented in the table alongside.

Use of Baroda Bank MICR code for Barshi Road Latur Mh branch in ausa

The MICR code 413012053 is used in RBI cheque clearing process to identify the branch Barshi Road Latur 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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