Bank Of Baroda Hyderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Hyderabad Hyderabad Urban Andhra Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hi Tec City Hyderabad
Contact 040-23421647
Bank Details Bank Of Baroda Hi Tec City Hyderabad BARB0CYBHYD
Location Hyderabad, Hyderabad Urban
City Hyderabad
District Hyderabad Urban
State Andhra Pradesh
Pincode 500006
Country IN
Address Hi tech city br. Module a3,q2 ist floor, cyber towers
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 500012019 for Hi Tec City Hyderabad 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 500012019 of Baroda Bank, Hi Tec City Hyderabad branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Hi Tec City Hyderabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Hi Tec City Hyderabad

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 Hi Tec City Hyderabad 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. 500012019 is the MICR code of BOB for Hi Tec City Hyderabad branch. MICR code for Hi Tec City Hyderabad 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 Hi Tec City Hyderabad is presented in the table alongside.

Use of Baroda Bank MICR code for Hi Tec City Hyderabad branch in hyderabad

The MICR code 500012019 is used in RBI cheque clearing process to identify the branch Hi Tec City Hyderabad 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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