Bank Of Baroda Chaurebazar Faizabad Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Chaurebazar Faizabad Uttar Pradesh

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MICR Code	224012053
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	Chaure Bazar Up
Contact	05270-266648
Bank Details	Bank Of Baroda Chaure Bazar Up BARB0CHAURE

Location	Chaurebazar, Faizabad
City	Chaurebazar
District	Faizabad
State	Uttar Pradesh
Pincode	224209
Country	IN
Address	Chaure bazar, dist.faizabad, uttar pradesh - 224 209.

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 224012053 for Chaure Bazar Up 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 224012053 of Baroda Bank, Chaure Bazar Up branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Chaure Bazar Up 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 -

>>Chaure Bazar Up

MICR code for Bank Of Baroda Chaure Bazar Up

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 Chaure Bazar Up 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. 224012053 is the MICR code of BOB for Chaure Bazar Up branch. MICR code for Chaure Bazar Up 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 Chaure Bazar Up is presented in the table alongside.

Use of Baroda Bank MICR code for Chaure Bazar Up branch in chaurebazar

The MICR code 224012053 is used in RBI cheque clearing process to identify the branch Chaure Bazar Up 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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