Bank Of Baroda Gwalior Gwalior Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Gwalior Gwalior Madhya Pradesh

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MICR Code	474012002
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	Kherapti Colony Branch
Contact	0751-2432183
Bank Details	Bank Of Baroda Kherapti Colony Branch BARB0FORGWA

Location	Gwalior, Gwalior
City	Gwalior
District	Gwalior
State	Madhya Pradesh
Pincode	474002
Country	IN
Address	13/14, kerapati colony, p o kherapti colony, gwalior 474002, m p

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 474012002 for Kherapti Colony 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 474012002 of Baroda Bank, Kherapti Colony Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Kherapti Colony Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Bank Of Baroda are available with micr code -

>>City Centre Gwalior >>Gwalior >>Gwalior >>Gwalior Main Branch >>Jhansi Road >>Kherapti Colony Branch >>Morar Cantt Bhopal Mp >>Naya Bazar Gwalior >>Residency Road Gwalior >>Scindia School Campus Gwalior

MICR code for Bank Of Baroda Kherapti Colony 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 Kherapti Colony 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. 474012002 is the MICR code of BOB for Kherapti Colony Branch branch. MICR code for Kherapti Colony 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 Kherapti Colony Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Kherapti Colony Branch branch in gwalior

The MICR code 474012002 is used in RBI cheque clearing process to identify the branch Kherapti Colony 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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