Bank Of Baroda Nawabganj Bareilly Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Nawabganj Bareilly Uttar Pradesh

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MICR Code	243012517
Bank	Bank Of Baroda
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nawabgunj Dist Bareilly
Contact	05825-226526/227862
Bank Details	Bank Of Baroda Nawabgunj Dist Bareilly BARB0NAWABG

Location	Nawabganj, Bareilly
City	Nawabganj
District	Bareilly
State	Uttar Pradesh
Pincode	262406
Country	IN
Address	Main market, nawabganj, dist-bareilly-262406, up

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 243012517 for Nawabgunj Dist Bareilly 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 243012517 of Baroda Bank, Nawabgunj Dist Bareilly branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Nawabgunj Dist Bareilly 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 -

>>Bahua Bazar >>Harharpur Matkali >>Nawabgunj Dist Bareilly

MICR code for Bank Of Baroda Nawabgunj Dist Bareilly

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 Nawabgunj Dist Bareilly 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. 243012517 is the MICR code of BOB for Nawabgunj Dist Bareilly branch. MICR code for Nawabgunj Dist Bareilly 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 Nawabgunj Dist Bareilly is presented in the table alongside.

Use of Baroda Bank MICR code for Nawabgunj Dist Bareilly branch in nawabganj

The MICR code 243012517 is used in RBI cheque clearing process to identify the branch Nawabgunj Dist Bareilly 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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