Bank Of Baroda Chakan Pune Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Chakan Pune Maharashtra

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chakan
Contact
Bank Details Bank Of Baroda Chakan BARB0VJCHAK
Location Chakan, Pune
City Chakan
District Pune
State Maharashtra
Pincode 410501
Country IN
Address Ghanwat plaza, shop no.23,24,25, , near shivam guruvihar, nanekarwadi, , chakan talegaon road, chakan, , nanekarwadi , 410501
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.

Search Bank Of Baroda MICR Codes in pune

You can search through MICR Codes of Maharashtra branches in chakan of District pune in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Bank Of Baroda are available with micr code -

>>Chakan

How to find MICR codes for Bank Of Baroda in chakan?

Bank Of Baroda chakan MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Baroda Bank MICR codes list for chakan, one can further search by branch name specified in the table. You can find MICR codes for all Bank Of Baroda chakan branches.

Baroda Bank MICR code in chakan

Bank Of Baroda MICR code is a character recognition technology used by banks in the processing of cheques. Baroda Bank MICR code for chakan branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for BOB branches in chakan, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does BOB MICR code for chakan branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bank Of Baroda chakan branch, sprinted 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. Thus MICR code for Baroda Bank chakan branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of BOB MICR codes for chakan branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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