Bank Of Baroda Kharar Rupnagar Punjab MICR CODE

Find MICR Codes for Bank Of Baroda Kharar Rupnagar Punjab

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MICR Code	160012010
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	Desu Majra Punjab
Contact	0160/5001390
Bank Details	Bank Of Baroda Desu Majra Punjab BARB0DESUMA

Location	Kharar, Rupnagar
City	Kharar
District	Rupnagar
State	Punjab
Pincode	140301
Country	IN
Address	Sco 6, sunny enclave, desu majra,dist. Mohali, punjab - 140 301

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 160012010 for Desu Majra Punjab 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 160012010 of Baroda Bank, Desu Majra Punjab branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Desu Majra Punjab branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of Baroda are available with micr code -

>>Desu Majra Punjab >>Kharar

MICR code for Bank Of Baroda Desu Majra Punjab

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 Desu Majra Punjab 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. 160012010 is the MICR code of BOB for Desu Majra Punjab branch. MICR code for Desu Majra Punjab 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 Desu Majra Punjab is presented in the table alongside.

Use of Baroda Bank MICR code for Desu Majra Punjab branch in kharar

The MICR code 160012010 is used in RBI cheque clearing process to identify the branch Desu Majra Punjab 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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