Bank Of Baroda Mandavgan Pharata Pune Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Mandavgan Pharata Pune Maharashtra

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mandavgan Pharata Maharashtra
Contact 02137-262242
Bank Details Bank Of Baroda Mandavgan Pharata Maharashtra BARB0MANPOO
Location Mandavgan Pharata, Pune
City Mandavgan Pharata
District Pune
State Maharashtra
Pincode 412211
Country IN
Address Mandavgan pharata, tal.shirur, dist.pune, maharashtra - 412 211.
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 Mandavgan Pharata Maharashtra 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, Mandavgan Pharata Maharashtra branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Mandavgan Pharata Maharashtra 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 -

>>Mandavgan Pharata Maharashtra

MICR code for Bank Of Baroda Mandavgan Pharata Maharashtra

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 Mandavgan Pharata Maharashtra 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 Mandavgan Pharata Maharashtra branch. MICR code for Mandavgan Pharata Maharashtra 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 Mandavgan Pharata Maharashtra is presented in the table alongside.

Use of Baroda Bank MICR code for Mandavgan Pharata Maharashtra branch in mandavgan pharata

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mandavgan Pharata Maharashtra 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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