Bank Of Baroda Malerkotla Sangrur Punjab MICR CODE

Find MICR Codes for Bank Of Baroda Malerkotla Sangrur Punjab

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Malerkotla Br. Dist. Sangrur Punjab
Contact 01675-252501
Bank Details Bank Of Baroda Malerkotla Br. Dist. Sangrur Punjab BARB0MALERK
Location Malerkotla, Sangrur
City Malerkotla
District Sangrur
State Punjab
Pincode 148023
Country IN
Address The mall, opp sdm residence, dist. Malerkotla, dist. Sangrur, punjab - 148 023.
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 148012112 for Malerkotla Br. Dist. Sangrur Punjab 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 148012112 of Baroda Bank, Malerkotla Br. Dist. Sangrur Punjab branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Malerkotla Br. Dist. Sangrur Punjab 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 -

>>Malerkotla >>Malerkotla Br. Dist. Sangrur Punjab

MICR code for Bank Of Baroda Malerkotla Br. Dist. Sangrur Punjab

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 Malerkotla Br. Dist. Sangrur Punjab 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. 148012112 is the MICR code of BOB for Malerkotla Br. Dist. Sangrur Punjab branch. MICR code for Malerkotla Br. Dist. Sangrur Punjab 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 Malerkotla Br. Dist. Sangrur Punjab is presented in the table alongside.

Use of Baroda Bank MICR code for Malerkotla Br. Dist. Sangrur Punjab branch in malerkotla

The MICR code 148012112 is used in RBI cheque clearing process to identify the branch Malerkotla Br. Dist. Sangrur Punjab 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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