Bank Of Baroda Gudivada Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Gudivada Krishna Andhra Pradesh

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MICR Code	520012502
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	Gudivada Dist Krishna
Contact	08674-244728
Bank Details	Bank Of Baroda Gudivada Dist Krishna BARB0GUDIVA

Location	Gudivada, Krishna
City	Gudivada
District	Krishna
State	Andhra Pradesh
Pincode	521301
Country	IN
Address	11/72, eluru road, dist krishna,gudivada ap 521 301

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 520012502 for Gudivada Dist Krishna 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 520012502 of Baroda Bank, Gudivada Dist Krishna branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Gudivada Dist Krishna 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 -

>>Gudivada Dist Krishna >>Gudiwadanew

MICR code for Bank Of Baroda Gudivada Dist Krishna

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 Gudivada Dist Krishna 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. 520012502 is the MICR code of BOB for Gudivada Dist Krishna branch. MICR code for Gudivada Dist Krishna 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 Gudivada Dist Krishna is presented in the table alongside.

Use of Baroda Bank MICR code for Gudivada Dist Krishna branch in gudivada

The MICR code 520012502 is used in RBI cheque clearing process to identify the branch Gudivada Dist Krishna 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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