Bank Of Baroda Mahidpur Ujjain Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Mahidpur Ujjain Madhya Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mahidpur Ujjain Mp
Contact
Bank Details Bank Of Baroda Mahidpur Ujjain Mp BARB0MAHIDP
Location Mahidpur, Ujjain
City Mahidpur
District Ujjain
State Madhya Pradesh
Pincode 473335
Country IN
Address Shri nagi bai jain trust, mahatma gandhi marg, mahidpur, dist-ujjain, mp-473335.
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 456012501 for Mahidpur Ujjain Mp 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 456012501 of Baroda Bank, Mahidpur Ujjain Mp branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Mahidpur Ujjain Mp branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of Baroda are available with micr code -

>>Mahidpur Ujjain Mp >>Nagda Mp

MICR code for Bank Of Baroda Mahidpur Ujjain Mp

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 Mahidpur Ujjain Mp 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. 456012501 is the MICR code of BOB for Mahidpur Ujjain Mp branch. MICR code for Mahidpur Ujjain Mp 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 Mahidpur Ujjain Mp is presented in the table alongside.

Use of Baroda Bank MICR code for Mahidpur Ujjain Mp branch in mahidpur

The MICR code 456012501 is used in RBI cheque clearing process to identify the branch Mahidpur Ujjain Mp 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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