Bank Of Baroda Mauda Nagpur Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Mauda Nagpur Maharashtra

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mauda Dist.Nagpur Maharashtra
Contact 07115 - 281138
Bank Details Bank Of Baroda Mauda Dist.Nagpur Maharashtra BARB0MAUDAX
Location Mauda, Nagpur
City Mauda
District Nagpur
State Maharashtra
Pincode 441104
Country IN
Address Near bus stand, mauda, dist. Nagpur, maharashtra - 441 104.
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.

Search Bank Of Baroda MICR Codes in nagpur

You can search through MICR Codes of Maharashtra branches in mauda of District nagpur in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Bank Of Baroda are available with micr code -

>>Mauda Dist.Nagpur Maharashtra

How to find MICR codes for Bank Of Baroda in mauda?

Bank Of Baroda mauda MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Baroda Bank MICR codes list for mauda, one can further search by branch name specified in the table. You can find MICR codes for all Bank Of Baroda mauda branches.

Baroda Bank MICR code in mauda

Bank Of Baroda MICR code is a character recognition technology used by banks in the processing of cheques. Baroda Bank MICR code for mauda branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for BOB branches in mauda, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does BOB MICR code for mauda branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bank Of Baroda mauda branch, sprinted 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. Thus MICR code for Baroda Bank mauda branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of BOB MICR codes for mauda branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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