Bank Of Baroda Gawli Palasia Indore Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Gawli Palasia Indore Madhya Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kandia Road Up
Contact 0755-2553616
Bank Details Bank Of Baroda Kandia Road Up BARB0KANADI
Location Gawli Palasia, Indore
City Gawli Palasia
District Indore
State Madhya Pradesh
Pincode 452016
Country IN
Address 112, ravindra nagar,palasia,kandia main road,indore,mp-452016.
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 452012018 for Kandia Road Up 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 452012018 of Baroda Bank, Kandia Road Up branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Kandia Road Up 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 -

>>Kandia Road Up

MICR code for Bank Of Baroda Kandia Road Up

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 Kandia Road Up 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. 452012018 is the MICR code of BOB for Kandia Road Up branch. MICR code for Kandia Road Up 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 Kandia Road Up is presented in the table alongside.

Use of Baroda Bank MICR code for Kandia Road Up branch in gawli palasia

The MICR code 452012018 is used in RBI cheque clearing process to identify the branch Kandia Road Up 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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