Bank Of Baroda Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Hyderabad Hyderabad Andhra Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mid Corporate Andhra Pradesh
Contact
Bank Details Bank Of Baroda Mid Corporate Andhra Pradesh BARB0MIDHYD
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Andhra Pradesh
Pincode 500047
Country IN
Address 3-6-262-5, tirumala estate, himayatnagar, hyderabad, andhra pradesh - 500047
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 500012037 for Mid Corporate Andhra Pradesh 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 500012037 of Baroda Bank, Mid Corporate Andhra Pradesh branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Mid Corporate Andhra Pradesh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Bank Of Baroda are available with micr code -

>>Himayat Nagar Br. Hyderabad Andhra Pradesh >>Mid Corporate Andhra Pradesh >>Srinagar Colony Hyderabad

MICR code for Bank Of Baroda Mid Corporate Andhra Pradesh

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 Mid Corporate Andhra Pradesh 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. 500012037 is the MICR code of BOB for Mid Corporate Andhra Pradesh branch. MICR code for Mid Corporate Andhra Pradesh 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 Mid Corporate Andhra Pradesh is presented in the table alongside.

Use of Baroda Bank MICR code for Mid Corporate Andhra Pradesh branch in hyderabad

The MICR code 500012037 is used in RBI cheque clearing process to identify the branch Mid Corporate Andhra Pradesh 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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