Bank Of Baroda Nabha Patiala Punjab MICR CODE

Find MICR Codes for Bank Of Baroda Nabha Patiala Punjab

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nabha Dist Patiala
Contact 01765-220118/505445
Bank Details Bank Of Baroda Nabha Dist Patiala BARB0NABHAX
Location Nabha, Patiala
City Nabha
District Patiala
State Punjab
Pincode 147201
Country IN
Address Cinema road, nabha-147201 (punjab)
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 147012302 for Nabha Dist Patiala 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 147012302 of Baroda Bank, Nabha Dist Patiala branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Nabha Dist Patiala 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 -

>>Nabha >>Nabha Dist Patiala

MICR code for Bank Of Baroda Nabha Dist Patiala

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 Nabha Dist Patiala 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. 147012302 is the MICR code of BOB for Nabha Dist Patiala branch. MICR code for Nabha Dist Patiala 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 Nabha Dist Patiala is presented in the table alongside.

Use of Baroda Bank MICR code for Nabha Dist Patiala branch in nabha

The MICR code 147012302 is used in RBI cheque clearing process to identify the branch Nabha Dist Patiala 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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