Bank Of Baroda East Delhi East Delhi New Delhi MICR CODE

Find MICR Codes for Bank Of Baroda East Delhi East Delhi New Delhi

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mayur Vihar
Contact
Bank Details Bank Of Baroda Mayur Vihar BARB0DBMAYU
Location East Delhi, East Delhi
City East Delhi
District East Delhi
State New Delhi
Pincode 110091
Country IN
Address C53 shastri gardenmayurvihar1 delhi north east delhi 110091
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 Mayur Vihar 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, Mayur Vihar branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Mayur Vihar 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 -

>>Gandhinagar >>Mayur Vihar

MICR code for Bank Of Baroda Mayur Vihar

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 Mayur Vihar 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 Mayur Vihar branch. MICR code for Mayur Vihar 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 Mayur Vihar is presented in the table alongside.

Use of Baroda Bank MICR code for Mayur Vihar branch in east delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mayur Vihar 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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