Bank Of Baroda Madnapur Shahjahanpur Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Madnapur Shahjahanpur 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 Madnapur Up
Contact
Bank Details Bank Of Baroda Madnapur Up BARB0MADSHA
Location Madnapur, Shahjahanpur
City Madnapur
District Shahjahanpur
State Uttar Pradesh
Pincode 242405
Country IN
Address Katra jalabad road, madnapur, dist.shahjahanpur, uttar pradesh - 242 405.
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 242012525 for Madnapur 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 242012525 of Baroda Bank, Madnapur Up branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Madnapur 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 -

>>Madnapur Up

MICR code for Bank Of Baroda Madnapur 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 Madnapur 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. 242012525 is the MICR code of BOB for Madnapur Up branch. MICR code for Madnapur 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 Madnapur Up is presented in the table alongside.

Use of Baroda Bank MICR code for Madnapur Up branch in madnapur

The MICR code 242012525 is used in RBI cheque clearing process to identify the branch Madnapur 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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