Bank Of Baroda Mumbai Suburban Mumbai Suburban Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Mumbai Suburban Mumbai Suburban Maharashtra

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kurla
Contact
Bank Details Bank Of Baroda Kurla BARB0DBKURL
Location Mumbai Suburban, Mumbai Suburban
City Mumbai Suburban
District Mumbai Suburban
State Maharashtra
Pincode 400070
Country IN
Address Arpan arcade 565cst rdkurla (west) mumbai mumbai suburban maharashtra 400070
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 0 for Kurla 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 0 of Baroda Bank, Kurla branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Kurla branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Kurla

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 Kurla 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. 0 is the MICR code of BOB for Kurla branch. MICR code for Kurla 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 Kurla is presented in the table alongside.

Use of Baroda Bank MICR code for Kurla branch in mumbai suburban

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kurla 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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