Bank Of Baroda Fatwah Patna Bihar MICR CODE

Find MICR Codes for Bank Of Baroda Fatwah Patna Bihar

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Fatwah
Contact 0612-2273635
Bank Details Bank Of Baroda Fatwah BARB0FATWAH
Location Fatwah, Patna
City Fatwah
District Patna
State Bihar
Pincode 803201
Country IN
Address Railway station,road devi chowk,fatwah,dist – patna,bihar – 803201.
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 800012502 for Fatwah 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 800012502 of Baroda Bank, Fatwah branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Fatwah 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 -

>>Fatuah >>Fatwah

MICR code for Bank Of Baroda Fatwah

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 Fatwah 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. 800012502 is the MICR code of BOB for Fatwah branch. MICR code for Fatwah 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 Fatwah is presented in the table alongside.

Use of Baroda Bank MICR code for Fatwah branch in fatwah

The MICR code 800012502 is used in RBI cheque clearing process to identify the branch Fatwah 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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