Bank Of Baroda Deori Sagar Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Deori Sagar Madhya Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Deori Br Sagar M.P.
Contact 07586-250221,200105
Bank Details Bank Of Baroda Deori Br Sagar M.P. BARB0DEORIX
Location Deori, Sagar
City Deori
District Sagar
State Madhya Pradesh
Pincode 470226
Country IN
Address Shastri ward,deori kala,sagar,madhya pradesh - 470 226
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 470012501 for Deori Br Sagar M.P. 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 470012501 of Baroda Bank, Deori Br Sagar M.P. branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Deori Br Sagar M.P. 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 -

>>Deori Br Sagar M.P.

MICR code for Bank Of Baroda Deori Br Sagar M.P.

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 Deori Br Sagar M.P. 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. 470012501 is the MICR code of BOB for Deori Br Sagar M.P. branch. MICR code for Deori Br Sagar M.P. 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 Deori Br Sagar M.P. is presented in the table alongside.

Use of Baroda Bank MICR code for Deori Br Sagar M.P. branch in deori

The MICR code 470012501 is used in RBI cheque clearing process to identify the branch Deori Br Sagar M.P. 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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