Bank Of Baroda Ferozepur Kalan Gurdaspur Punjab MICR CODE

Find MICR Codes for Bank Of Baroda Ferozepur Kalan Gurdaspur Punjab

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MICR Code	152012002
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	Ferozepur Branch
Contact	01632-221341,222074
Bank Details	Bank Of Baroda Ferozepur Branch BARB0FEROZP

Location	Ferozepur Kalan, Gurdaspur
City	Ferozepur Kalan
District	Gurdaspur
State	Punjab
Pincode	152002
Country	IN
Address	Ferozepur branch,11, the mall, ferozepur city,ferozepur,152002

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 152012002 for Ferozepur Branch 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 152012002 of Baroda Bank, Ferozepur Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Ferozepur Branch 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 -

>>Ferozepur Branch

MICR code for Bank Of Baroda Ferozepur Branch

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 Ferozepur Branch 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. 152012002 is the MICR code of BOB for Ferozepur Branch branch. MICR code for Ferozepur Branch 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 Ferozepur Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Ferozepur Branch branch in ferozepur kalan

The MICR code 152012002 is used in RBI cheque clearing process to identify the branch Ferozepur Branch 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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