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	500012015
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	Ifb Hyderaba Branch
Contact	040-23421640-41
Bank Details	Bank Of Baroda Ifb Hyderaba Branch BARB0INDHYD

Location	Hyderabad, Hyderabad Urban
City	Hyderabad
District	Hyderabad Urban
State	Andhra Pradesh
Pincode	500029
Country	IN
Address	Ifb hyderaba branch, 3-5-823, hyderabad business centre, basheerbagh, , hyderabad, 500029

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 500012015 for Ifb Hyderaba 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 500012015 of Baroda Bank, Ifb Hyderaba Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Ifb Hyderaba Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 26 branches of Bank Of Baroda are available with micr code -

>>Abid Circle Hyderabad >>Adarsh Nagar Hyderabad >>As Rao Nagar >>Attapur Br. Hyderabad A.P. >>Barkatpur Hyderabad >>Biological Evans Extension Counter Hyderabad >>Chanchalguda Hyderabad >>Charminar Branch >>Chilakalguda Hyderabad >>Hi Tec City Hyderabad >>Ifb Hyderaba Branch >>Jubilee Hill Hyderabad >>Khairatabad Hyderabad >>Kukatpally Hyderabad >>M.G.Road Sec Hyderabad >>Malakpet Br Hyderabad >>Malkajgiri Andhra Pradesh >>Marredpally Hyderabad >>Masabtank Hyderabad >>Mehdipatnam Branch >>New Osmangunj Br. Hyderabad A.P. >>Pbb Hyderaba Hyderabad >>Punjagutta Hyderabad >>S R Nagar Branch >>Safb Hyderab Branch >>Tilaknagar Hyderabad

MICR code for Bank Of Baroda Ifb Hyderaba 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 Ifb Hyderaba 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. 500012015 is the MICR code of BOB for Ifb Hyderaba Branch branch. MICR code for Ifb Hyderaba 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 Ifb Hyderaba Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Ifb Hyderaba Branch branch in hyderabad

The MICR code 500012015 is used in RBI cheque clearing process to identify the branch Ifb Hyderaba 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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