Bank Of Baroda Khera Nawada Budaun Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Khera Nawada Budaun 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 Khera Nawada Dist Budaun
Contact 05832-224035
Bank Details Bank Of Baroda Khera Nawada Dist Budaun BARB0BLYKHE
Location Khera Nawada, Budaun
City Khera Nawada
District Budaun
State Uttar Pradesh
Pincode 243601
Country IN
Address Shyam nagar, khera nawada ,distt. Badaun-243601,uttar pradesh.
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 243012555 for Khera Nawada Dist Budaun 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 243012555 of Baroda Bank, Khera Nawada Dist Budaun branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Khera Nawada Dist Budaun 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 -

>>Khera Nawada Dist Budaun

MICR code for Bank Of Baroda Khera Nawada Dist Budaun

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 Khera Nawada Dist Budaun 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. 243012555 is the MICR code of BOB for Khera Nawada Dist Budaun branch. MICR code for Khera Nawada Dist Budaun 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 Khera Nawada Dist Budaun is presented in the table alongside.

Use of Baroda Bank MICR code for Khera Nawada Dist Budaun branch in khera nawada

The MICR code 243012555 is used in RBI cheque clearing process to identify the branch Khera Nawada Dist Budaun 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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