Bank Of Baroda South 24 Parganas South 24 Parganas West Bengal MICR CODE

Find MICR Codes for Bank Of Baroda South 24 Parganas South 24 Parganas West Bengal

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Budge Budge Kolkata
Contact
Bank Details Bank Of Baroda Budge Budge Kolkata BARB0DBBUDG
Location South 24 Parganas, South 24 Parganas
City South 24 Parganas
District South 24 Parganas
State West Bengal
Pincode 700137
Country IN
Address 525 mahatma gandhi roadbudge budge kolkata south twenty four parganas west bengal 700137
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 0 for Budge Budge Kolkata 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 0 of Baroda Bank, Budge Budge Kolkata branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Budge Budge Kolkata branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Bank Of Baroda are available with micr code -

>>Amtala >>Baruipur >>Budge Budge Kolkata >>Tematha

MICR code for Bank Of Baroda Budge Budge Kolkata

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 Budge Budge Kolkata 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. 0 is the MICR code of BOB for Budge Budge Kolkata branch. MICR code for Budge Budge Kolkata 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 Budge Budge Kolkata is presented in the table alongside.

Use of Baroda Bank MICR code for Budge Budge Kolkata branch in south 24 parganas

The MICR code 0 is used in RBI cheque clearing process to identify the branch Budge Budge Kolkata 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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