Bank Of Baroda Phillaur Jalandhar Punjab MICR CODE

Find MICR Codes for Bank Of Baroda Phillaur Jalandhar Punjab

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dholeta Punjab
Contact
Bank Details Bank Of Baroda Dholeta Punjab BARB0DHOLET
Location Phillaur, Jalandhar
City Phillaur
District Jalandhar
State Punjab
Pincode 144418
Country IN
Address V & po dholeta,block phillaur,punjab-144418.
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 Dholeta 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 0 of Baroda Bank, Dholeta Punjab branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Dholeta Punjab 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 -

>>Dholeta Punjab

MICR code for Bank Of Baroda Dholeta 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 Dholeta 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. 0 is the MICR code of BOB for Dholeta Punjab branch. MICR code for Dholeta 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 Dholeta Punjab is presented in the table alongside.

Use of Baroda Bank MICR code for Dholeta Punjab branch in phillaur

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