Bank Of Baroda Katra Saharanpur Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Katra Saharanpur Uttar Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Katra Shahjahanpur
Contact 05841-221148
Bank Details Bank Of Baroda Katra Shahjahanpur BARB0KATRAX
Location Katra, Saharanpur
City Katra
District Saharanpur
State Uttar Pradesh
Pincode 242301
Country IN
Address Rice mill compound, teh-tilhar, dist-shahjahanpur-242301, up
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 242012519 for Katra Shahjahanpur 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 242012519 of Baroda Bank, Katra Shahjahanpur branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Katra Shahjahanpur 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 -

>>Katra Shahjahanpur

MICR code for Bank Of Baroda Katra Shahjahanpur

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 Katra Shahjahanpur 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. 242012519 is the MICR code of BOB for Katra Shahjahanpur branch. MICR code for Katra Shahjahanpur 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 Katra Shahjahanpur is presented in the table alongside.

Use of Baroda Bank MICR code for Katra Shahjahanpur branch in katra

The MICR code 242012519 is used in RBI cheque clearing process to identify the branch Katra Shahjahanpur 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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