Bank Of Baroda Midcorporate Noida Gautam Buddha Nagar Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Midcorporate Noida Gautam Buddha Nagar Uttar Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Midcorporate Noida Up
Contact 011 - 23313755
Bank Details Bank Of Baroda Midcorporate Noida Up BARB0MIDNOI
Location Midcorporate Noida, Gautam Buddha Nagar
City Midcorporate Noida
District Gautam Buddha Nagar
State Uttar Pradesh
Pincode 201301
Country IN
Address P-5, ocean plaza,sector-18,noida,uttar pradesh - 201301.
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 Midcorporate Noida Up 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, Midcorporate Noida Up branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Midcorporate Noida Up 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 -

>>Midcorporate Noida Up

MICR code for Bank Of Baroda Midcorporate Noida Up

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 Midcorporate Noida Up 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 Midcorporate Noida Up branch. MICR code for Midcorporate Noida Up 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 Midcorporate Noida Up is presented in the table alongside.

Use of Baroda Bank MICR code for Midcorporate Noida Up branch in midcorporate noida

The MICR code 0 is used in RBI cheque clearing process to identify the branch Midcorporate Noida Up 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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