Bank Of Baroda Vijayawada Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Vijayawada Krishna Andhra Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Benz Circle Branch
Contact 0866-2472410
Bank Details Bank Of Baroda Benz Circle Branch BARB0BENVIJ
Location Vijayawada, Krishna
City Vijayawada
District Krishna
State Andhra Pradesh
Pincode 520010
Country IN
Address Benz circle branch,kohinoor plaza benz circle, vijayawada,vijayawada,520010
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 520012002 for Benz Circle 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 520012002 of Baroda Bank, Benz Circle Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Benz Circle Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Bank Of Baroda are available with micr code -

>>Benz Circle Branch >>Eluru Road >>Gollapudi >>Ntr Colony Vijayawada >>Onetown Vijayawada >>Patamata Vijayawada >>Vijayawadaone Town >>Vijaywada Vijaywada

MICR code for Bank Of Baroda Benz Circle 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 Benz Circle 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. 520012002 is the MICR code of BOB for Benz Circle Branch branch. MICR code for Benz Circle 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 Benz Circle Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Benz Circle Branch branch in vijayawada

The MICR code 520012002 is used in RBI cheque clearing process to identify the branch Benz Circle 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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