Bank Of Baroda Visakhapatnam Vishakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Visakhapatnam Vishakhapatnam 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 Nadkotha Road Vishakhapatnam Andhra Pradesh
Contact 040-23421604
Bank Details Bank Of Baroda Nadkotha Road Vishakhapatnam Andhra Pradesh BARB0NADVIS
Location Visakhapatnam, Vishakhapatnam
City Visakhapatnam
District Vishakhapatnam
State Andhra Pradesh
Pincode 530008
Country IN
Address Buchi raju palem,main road, vishakhapatnam,andhra pradesh
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 530012007 for Nadkotha Road Vishakhapatnam 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 530012007 of Baroda Bank, Nadkotha Road Vishakhapatnam Andhra Pradesh branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Nadkotha Road Vishakhapatnam Andhra Pradesh branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Nadkotha Road Vishakhapatnam 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 Nadkotha Road Vishakhapatnam 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. 530012007 is the MICR code of BOB for Nadkotha Road Vishakhapatnam Andhra Pradesh branch. MICR code for Nadkotha Road Vishakhapatnam 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 Nadkotha Road Vishakhapatnam Andhra Pradesh is presented in the table alongside.

Use of Baroda Bank MICR code for Nadkotha Road Vishakhapatnam Andhra Pradesh branch in visakhapatnam

The MICR code 530012007 is used in RBI cheque clearing process to identify the branch Nadkotha Road Vishakhapatnam 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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